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Business for Sale Summary

Gym and Fitness Center - 23101

Business Type: gym/health club,misc. servicel/non-classifiable
Gym and Fitness Center
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Financial Information (non-confidential)

General Information
Asking Price $149,000 Down Payment $110,000
Gross Revenues $69,390 Lease Remaining Register Free to View
Owner’s Cash Flow $37,864 Number of FT Employees Register Free to View

Financing

$110,000 Down and 39k @ 8% for 18 months

Business Description

Suffolk County 1800sf Gym and Fitness Center in a great high income location. Great location on a main street in a great town. Seller has active memberships and contracts. 2 more years on a lease at a low price of only $1900 a month. Seller is a trainer and can stay on for motivated buyer to train or teach private lessons. The is a turnkey operation, Fitness programs all have individual managers and staff handles all sign ups from walk-ins. Owner participation in the business is minimal. 1,800 Sq. ft Studio is located on Main Street in a busy town. Sale includes everything you need to run a profitable martial arts & fitness studio. We have a store front, heavy bags, a lobby with a receptionist desk, rest room facilities and a storage area. Studio provides services to improve fitness and the capacity for self-defense. In addition to martial arts, the studio also provides kickboxing, gymnastics, yoga, zumba, and mixed martial art classes. Studio hosts weight loss training as well as provides personal training to both adults and children. Studio specializes in teaching ages 3 and up. When students join they will not only be improving their fitness, they will be embarking on a path to improve many important aspects of their lives. And the truly wonderful thing is they get to have fun while doing it!

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.