2 STATE-OF-THE-ART FITNESS GYMS - SOLD AS ONE PACKAGE
(Amusement/Recreation, Family Entertainment Centers, Health/Fitness/Safety, Health Clubs/Fitness Clubs; Services; Services, Membership Organizations; Ser)
Nassau County, New York
Listed Price: $ 300,000
Listing ID: XC7770306
Listing DetailsDown Payment: $ 190,000
Gross Revenue: $ 660,000
Cash Flow: $ 180,000
FFE: $ 270,000 (Included in Price)
Inventory: $ 10,000 (Included in Price)
Form of Ownership: S Corp
Reason for Sale:
SELLER OS A PERSONAL TRAINER FOR PROFESSIONAL ATHLETES AND NEEDS TO FOCUS ON THAT BUSINESS WHICH REQUIRES HIM TO TRAVEL A LOT.
Training & Support:
SELLER WILL COMPLETELY TRAIN
Listing SummaryBusiness Description:
2 fully equipped fitness gyms with a long list of existing members.-STATE -OF -THE -ART WEIGHTS , WEIGHT MACHINES WITH AEROBICS STUDIOS , LOCKERS FACILITIES AND PLENTY OF PARKING.
Historical Summary:
FOUNDED IN 2004 AND QUICKLY EXPANDING TO THE SECOND LOCATION IN 2006
Owner Qualifications:
GENERAL BUSINESS KNOWLEDGE with good intrapersonal skills, GYM/ WEIGHT TRAINING A PLUS.
Competition:
No direct competition within the communities served. Both Gyms are located in very upscale locations in North Nassau County with no competition.
Potential Growth:
UNLIMITED througe direct presence and marketing
Financing/Terms:
NEGOTIABLE
LocationLease Expire: 0000-00-00
Option: RENEWABLE LEASES
Lease Security: 0
Monthly Rent: $ 10,950
Facilities:
TWO FULLY EQUIPPED FITNESS GYMS.
1) 6300 SQ. FT
2) 4200 sq. ft
Both Gyms are located in very upscale locations in North Nassau County with no competition.
OperationYear Established: 2004
Days & Hours of Operation: M-F 5:30 AM -10PM SAT -SUN/ 7AM-6PM
Owner Hours: 40
Employees: Full Time: 28 / Part Time: 22
Managers: 2
Absentee Owner: No