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Asking Price$400,000
Revenue$495,000 Established2009
Cash Flow$207,760 EmployeesUndisclosed
FF&E$450,000 FranchiseNo
Inventory$1,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Suffolk East end fully & well equipped private fitness center and gym with day care. This gym is established over 5 years and 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 2 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 equipment cardio, flexibility and strength training equipment by brands including 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 present gym. **Price has decreased to 400k. Sales has increased to 38k per month or 456,000 per year. Only place in town for quality gym, closest competitor just recently closed, membership migrating to this gym.Call broker, Joe DiBello at 1-877-735-5224 for more information.
Training/Support:Seller willing to train
Seller Financing:400,000.00 Down & Finance Will Be Available
Sale Reason:other interest
Ad #66059
Seller Reference #25948
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Joseph DiBello
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