Profitable, Turnkey 12,000 SF Fitness Center - 37300

Financing

$350,000 Down and $149K over 4 yrs. @ 7%.

Business Description

Profitable, Turnkey 12,000 SF Fitness Center - 29-Year Established Business! Opportunities like this rarely come to market. This is an immaculate gym in the heart of a tight knit, Suffolk County town. They offer a full slate of services including traditional EFT memberships (stable and predictable), well maintained equipment, one-on-one personal training and a wide array of group fitness classes. The ownership and staff are phenomenal, with one full-time, one part-time owner and 11 part-time employees. In the past year the business grossed $635,969 with a total owner benefit of approx. $158,659. The landlord will offer a well-qualified buyer a long term lease starting at $12,500/mth. This gym must be visited to be appreciated. We are seeking a serious and financially-qualified buyer with at least $350K in liquid funds. Proof of funds will be requested prior to a buyer-seller conference call or meeting. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All meetings must be scheduled by appointment only!

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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.