Gym for Sale in Nassau County, NY - Established 22 Years with Owner Financing - 37465

Financing

$64,000 Down and a note of $96,000 for 5 years at 6%

Business Description

This 22 years old personal training, health, and fitness business is located in a heavily populated area on Long Island, Nassau County, NY. The seller is looking to retire and is offering financing with a very attractive down payment of $64,000 and a long-term payment plan of 5 years at 6% interest.

This well-established studio includes a personal trainer who will assess your current level of fitness and review your health history. Throughout your fitness journey, they will track your progress and keep you motivated to reach your goals. All employees will remain with the new owner, and the seller's son, who is fully acquainted with the business, will also stay on board. A new buyer has the potential to double the business within a short time by leveraging advertising on the website to promote the services.

The studio has a total revenue of $235,000 and an impressive net cash flow of over $75,000 after paying all expenses, providing great cash flow from a small down payment. The 2,300 square foot facility is equipped with well-maintained equipment.

Call Syed Ahmed at 631-374-7686 for more information.

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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.