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This Business has been Sold!
Closing Date: 06/02/2014
Business for Sale Summary

Well Established Local Gym - 24383

Business Type: gym/health club,health/beauty/nutrition supply,sporting goods/ exercise/ gyms,absentee business,owner financing available
Sold
Well Established Local Gym
On June 2nd 2014, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $198,000 Down Payment $125,000
Gross Revenues $384,000 Lease Remaining Register Free to View
Owner’s Cash Flow $142,180 Number of FT Employees Register Free to View

Financing

$125,000 Down and TBD

Business Description

Local gym in a highly desired area of North Shore Nassau County. Prestigious Main Street location - 7000 sq ft run completely absentee. 600 active members with $39/mo membership fee. Collecting approximately $100k/year in personal training. New owner can immediately increase sales by adding Pro Shop, juice bar, classes and more. Call Patricia Simone 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.