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Asking Price$199,000
Revenue$385,000 Established2018
Cash Flow$100,000 Employees3 full, 1 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Unique Gym Concept. Great branding. Prime location! This is a personal training gym and group fitness studio. It is currently closed due to Covid, but still cash flowing through EFT memberships. They are gearing up to re-open in the next few weeks. The owners are NOT trainers and selling due to a partnership split. They are involved in a management capacity. One full-time owner could do the work of the 3 existing part-time owners. All instructors are paid per class. In the past year the business grossed approx. $385,000.00 with an owner's cash flow of approx. $100,000.00. There are 7 years left on the current lease with a rent of $7,500/mth. This may be negotiable due to Covid. We are seeking a serious and financially qualified buyer with at least $120K in liquid funds to cover the down payment. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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Training/Support:Seller will train
Seller Financing:120,000.00 Down & $79K over 4yrs. @ 6%
Sale Reason:Partnership split.
Ad #119388
Seller Reference #33404
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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