HEALTH CLUB / PHYSICAL FITNESS CENTER IN WESTCHESTER COUNTY
Westchester, New York
Listed Price: $ 350,000
Listing ID: XM3330401
Listing DetailsDown Payment: $ 200,000
Gross Revenue: $ 435,000
Cash Flow: $ 120,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 2,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
MOVING OUT OF STATE
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
Business Description: Modern,state of the art full service fitness and training center facility . Services offered include personal training,physical therapy,aerobics,massage,,group classes for spin,yoga,interval training,pilates and more.
Also has babysitting room, juice bar; and, supplements for sale.
Services are geared to all age groups.Consistently has over 400 monthly memberships for the gym facilities.
Historical Summary:
IN BUSINESS SINCE 2006
Owner Qualifications:
BUSINESS EXPERIENCE
Competition:
SMALL
Potential Growth:
UNLIMITED WITH ADVERTISING
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: NEW LONG TERM LEASE TO QUALIFIED PURCHASER
Lease Security: 0
Monthly Rent: $ 5,111
Square Footage: 10000
Facilities:
Facilities: Front desk,juice bar, pilates room, with a pilates reformer and a pilates tower,
babysitting room,men and women lockers with showers, work out room with following equipment: 6 treadmills, 6 elypticals, 4 bikes, 15 spin bikes, a stepper, cardio theatre, 3 computers networked with a club management program, 3 stereo systems, 17 selecterized pin operated machines, dumbells from 3lbs to 120lbs, 3 power squat racks, and room for group sessions.
OperationYear Established: 2001
Days & Hours of Operation: M-F 5:30 AM- 9:30 PM SAT 7AM -4PM SUN 8AM-4PM
Owner Hours: 40
Managers: 1
Absentee Owner: No