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This Business has been Sold!
Closing Date: 05/25/2011
Business for Sale Summary

Large Health Club and Gym - 18170

Business Type: sporting goods/ exercise/ gyms,gym/health club,health/beauty/nutrition supply
Sold
Large Health Club and Gym
On May 25th 2011, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
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.

Financial Information (non-confidential)

General Information
Asking Price $179,000 Down Payment $179,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$179,000 Down and negotiable

Business Description

This 10,000 sq. ft. facility has it all. Approximately 3,800 active members and over 5200 members total. Owner will show financials to qualified buyer or speak with your Vested broker. Ideally located on a main road in Suffolk County. The owners receive approximately $4,000 a month in rental income in addition to other services. Beautiful new marble locker rooms, showers, sauna and steam rooms. They offer strength and aerobic equipment, huge aerobics room. Tanning, Jazzercise, Pilates, Karate, Kick Boxing, Chiropractic Center, Message Therapy, Wellness Counseling. In fact there is an additional 5,000 sq. ft . basement (with high cielings) that is not used right now. Strong income from annual memberships is boosted by walk-in traffic, private training sessions with staff trainers. A nursery for children. Large parking lot and location makes this the most convenient, full service gym/health club in the area. Please call or email Mel Vaz to learn more at 631-909-1095 or mvaz@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.