Vested Business Brokers Ltd
Phone: 877-735-5224
Entertainment and Recreation For Sale in New York
  • Entertainment and Recreation For Sale in New York

Health/Fitness - 25948

  • Listing Id: 2242
  • Broker Name: Vested Business Brokers Ltd
  • Category: Entertainment and Recreation
  • Asking Price: $400,000.00
  • EBITDA: N/A
  • Real Estate: N/A
  • Cash Flow: $207,760.00
  • Inventory: $1,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $495,000.00
  • FF&E: $450,000.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Suffolk County
  • State: NY
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

Suffolk East end fully & well equipped private fitness center and gym with day care. This gym is established over 5 years and does no advertising and still has over 1200 active members. Equipment cost over $450k 5 years ago. This Gym has a ten year lease plus 2 five year options. Extra space available if buyer wishes to expand present size or add physical therapy and rehabilitation center. They offer state-of-the-art equipment cardio, flexibility and strength training equipment by brands including Cybex, Startrac, Hammer Strength and Life Fitness. The equipment is suitable for adults, seniors, teens, youths, and athletes. Parents can drop their kids off at our child care center while they work out, and check in on them with tvs located throughout the facility. Parking is plenty full prime triple AAA location. Must see. There is a 20 year lease and buyer can double size of present gym. **Price has decreased to 400k. Sales has increased to 38k per month or 456,000 per year. Only place in town for quality gym, closest competitor just recently closed, membership migrating to this gym. Call 1-877-735-5224 or refer to the Confidentiality Agreement below for more information.

Financial Summary

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