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Business for Sale Summary

Boutique Health Club - Est Over 30 Years! - 35149

Business Type: healthcare related services,misc. service/non-classifiable,must sell/drastic price reduction!,other personal services,seller financing available,sporting goods/ exercise/ gyms,gym/health club
Boutique Health Club - Est Over 30 Years!
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Financial Information (non-confidential)

General Information
Asking Price $99,000 Down Payment $99,000
Gross Revenues $120,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$99,000 Down and Possible for a well qualified buyer with good credit and a PG.

Business Description

Boutique Health Club in affluent N Shore Suffolk. Established over 30 years, this business took a step back due to Covid. That has created an opportunity for someone new to come in and run with the current concept, expand it or bring in something new to service the demand in the area. This is a 2,000 sf health club currently offering group fitness classes (spin, barre, HIIT, yoga, TRX and strength). The group fitness room was completely renovated in 2021 to create a state-of-the-art space. In addition, an outdoor training area was created (weather permitting). In the past year the business grossed approx. $120,000.00 with an owner’s cash flow of approx. $40,000.00. 2019 sales were $220K. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $99K in liquid funds. The ideal buyer would have experience in the fitness industry. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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.