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Business for Sale Summary

Established Fitness Center in Kings County, NY - 31117

Business Type: absentee business,healthcare related services,sporting goods/ exercise/ gyms,sports complex,gym/health club
Owner Financing
Established Fitness Center in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $400,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$400,000 Down and To be determined

Business Description

EXTREMELY SUCCESSFUL health club / gym that is ready to be sold.. Located in a very busy area filled with health conscious young people. This is an emerging market. The club is open 7 days a week and is busy all the time. This is a turn key operation and needs nothing. ALL NUMBERS ARE VERIFIABLE MAKING THIS A FINANCIBLE BUSINESS! Landlord will help the new owner to get started by lowering the rent. The first 6 months will be $25,000 per month. The second 6 months will be $30,000 and after the first year the rent will return to the amount in the lease.

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.