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Business for Sale Summary

Gym & fitness Center - 28284

Business Type: entertainment,gym/health club,misc. retail/non-classifiable,schools/ education,absentee business,best deals!,distressed sales!,must sell/drastic price reduction!,sporting goods/ exercise/ gyms
Gym & fitness Center
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This business has received 37 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $325,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View


$99,000 Down and

Business Description

PRICED TO SELL FAST! Run and buy this GYM! Long Island Branded Gym & Fitness Center. Profitable, full-service fitness center that has been in operation for over 20 years. This 10,000sqft fitness center has an extremely loyal membership base of over 1,300 clients. The club has full array of free weights and cardio equipment, including Hammer Strength, Precor and Octane brands. Additionally, the club has a functional training/class room which is ideal for small group training as well as groupX classes. There is also so full service juice bar and pro shop. In the past few months, the club has been expanding it personal training department and implemented a new program of selling personal training on EFT. Revenue from PT. Note seller is 100 percent absentee manager is paid $60k Contact broker Jim Aloi for more details price firm! GREAT GYM FOR HANDS ON OWNER PRESENT SELLER IS ILL NOTE THEY RENT SEVERAL AREAS OUT AS SUB LEASE. GREAT FOR PERSONAL TRAINER,KARATE,DOCTOR,ZOMBA LOTS OF USE CALL BROKER TODAY!!!!! Possible use for school day care Babysitting ,sports or children s arena.

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.