Business for Sale Summary

Financing

$315,000 Down and

Business Description

Suffolk East End well-equipped private fitness center and gym with day care. This gym has been established for over 5 years. It does no advertising and still has over 1200 active members. Equipment cost over $450k, 5 years ago. This gym has a ten-year lease, plus two five-year options. Extra space available if buyer wishes to expand present size or add physical therapy and rehabilitation center. They offer state-of-the-art cardio equipment and flexibility and strength training equipment, all by brands like Cybex, Startrac, Hammer Strength and Life Fitness. The equipment is suitable for adults, seniors, teens, youths and athletes. Parents can drop their kids off at our child care center while they work out, and check in on them with tvs located throughout the facility. Parking is plenty- full, prime, triple AAA location. Must see. There is a 20 year lease, and buyer can double size of the present gym. **Price has decreased to 315k. Only place in town for quality gym. Closest competitor just recently closed, membership migrating to this gym. Call broker for further information at 1-877-735-5224.

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.