Profitable, Turnkey 13,000 SF Fitness Center - 37888

Financing

$390,000 Down and Possible for a well-qualified buyer.

Business Description

PROFITABLE, TURNKEY 13,000 SF FITNESS CENTER – 10 YEARS ESTABLISHED | SUFFOLK COUNTY, NY

Established Fitness Business | $742,935 Gross Revenue | Modern Equipment | Significant Growth Potential

An outstanding opportunity to acquire an established, fully equipped fitness center with 10 years of operating history in the heart of a close-knit Suffolk County community!

Opportunities of this caliber rarely come to market. This immaculate, approximately 13,000-square-foot fitness center offers an incoming owner the opportunity to acquire an established business with a dedicated membership base, a strong team, extensive equipment, and multiple avenues for future growth.

A Well-Equipped, Turnkey Operation

The spacious facility features an impressive selection of free weights, strength-training machines, and a comprehensive cardio section with treadmills, StairMasters, ellipticals, and stationary bikes. Most of the fitness equipment was replaced between 2021 and 2023, offering buyers a modern, well-maintained foundation without the need to outfit a gym from scratch.

Membership options include traditional monthly EFT billing, annual memberships, and seasonal three-month memberships catering to students. This diversified membership structure provides multiple revenue streams and the potential for recurring membership income.

Experienced Staff and Established Operations

The business benefits from an experienced team consisting of 4 full-time and 4 part-time employees. Two personal trainers currently serve members, with the opportunity to expand personal training services and add additional trainers.

A well-qualified buyer may also have the opportunity to secure a long-term lease, subject to landlord approval, providing a foundation for continued operations and future investment.

Financial Performance

• Annual gross revenue: $742,935

• Total owner benefit: Approximately $119,205

• Operating history: 10 years

• Facility size: Approximately 13,000 square feet

The established revenue base and existing staff make this an attractive opportunity for an experienced fitness operator, hands-on owner, or qualified buyer seeking to enter the fitness industry through an existing business.

Significant Opportunities for Growth

A new owner can explore several avenues to increase revenue and maximize the facility's potential, including:

• Group fitness classes: Introduce popular classes and specialized fitness programs.

• Personal training: Expand the existing team of two trainers and develop additional training packages.

• Childcare services: Explore offering childcare to accommodate members with young children, subject to applicable requirements.

• Recovery and wellness: Utilize the bonus space as a recovery room or explore leasing it for a complementary service.

• Membership growth: Develop targeted marketing, referral programs, student promotions, and additional membership packages.

The combination of an established operation, extensive equipment, and underdeveloped service opportunities makes this a compelling acquisition for a buyer with the vision to take the business to its next level.

This fitness center must be seen in person to be fully appreciated!

Buyer Qualifications and Confidential Inquiries

We are seeking a serious, financially qualified buyer with at least $390,000 in liquid funds. Proof of funds will be required before a buyer-seller conference call or meeting is arranged.

For additional information, please contact Mel Vaz by call, text, or email:

Phone: 631-767-0157
Email: melvaz@vestedbb.com

All meetings and site visits are strictly by appointment only. Please do not approach the business, its employees, or its members directly. Confidentiality is essential.

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

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.

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.