Highly Profitable Full Functional Neighborhood Gym
www.GlobalBX.com
Listing ID:
700140441
Listing Title:
Highly Profitable Full Functional Neighborhood Gym
Quick Link:
http://www.globalbx.com/listing.asp?bId=140441
Industry:
Health and Medical
Industry Segment:
Health Clubs and Spas
Country:
United States
State / Province:
New York
Area
New York City Area
City:
Queens County
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$900,942
Cash Flow:
$301,564
Cash Flow Type:
EBITDA
Year Established:
1993
Number of Employees:
4 - 5
Business Description:
Fully functional health and weight management facility for men and woman. This neighborhood gym is 12,000 square ft and has been serving the community for over 14 years. The facility has Cardio equipment, weight machines, tanning booths, aerobics room, massage therapy, full service juice bar and pro shop, boxing room,spin room, and full locker room with sauna. Currently there are 1,500 members with very little advertising. This will not last so contact today..
FACILITIES / TERMS of LEASE:
Located on a highly traveled Major Queens County road conveniently located off a Major Parkway and surround by several other establishments.
Clean 10,162 square feet in attached building
Lease: $7,000/month - expires 1/1/2024 with 3% increase
MARKET SHARE:
Full Blown Fitness Gym has been serving the community for over 14 years.
Currently there are 1,500 members with very little advertising
GROWTH POTENTIAL:
Limitless and Outstanding opportunities for growth!
This Opportunity Has Tremendous Upside!
Owner has done very little advertising, therefore, with Additional Advertising and Marketing With Incentives Can Take This To The Next Level.
ASKING: $799,000 - Financing: $299,000 for 60 months at 8%. Contact for more information on this Gym for sale.
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