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Asking Price$175,000
Revenue$363,000 EstablishedUndisclosed
Cash Flow$60,000 Employees1 full, 5 part
FF&E$300,000* FranchiseNo
Inventory$130,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Suffolk East End well-equipped private fitness center and gym with day care. This gym has been established for over 5 years. It does no advertising and still has over 1200 active members. Equipment cost over $450k, 5 years ago. This gym has a ten-year lease, plus two five-year options. Extra space available if buyer wishes to expand present size or add physical therapy and rehabilitation center. They offer state-of-the-art cardio equipment and flexibility and strength training equipment, all by brands like Cybex, Startrac, Hammer Strength and Life Fitness. The equipment is suitable for adults, seniors, teens, youths and athletes. Parents can drop their kids off at our child care center while they work out, and check in on them with tvs located throughout the facility. Parking is plenty- full, prime, triple AAA location. Must see. There is a 20 year lease, and buyer can double size of the present gym. Only place in town for quality gym. Closest competitor just recently closed, membership migrating to this gym. Call broker for further information at 1-877-735-5224.
Training/Support:Yes
Seller Financing:175,000.00 Down & Seller is willing to negotiate
Sale Reason:Needs to sell due to personal reasons.
Ad #104356
Seller Reference #25948
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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