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Business For Sale

2 LI WOMEN'S FITNESS GYMS

Attn: John Boswell
Long Island , NY, USA
Listing #: 40381639
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Asking Price: $68,000 USD USA Dollars
Business for Sale Industry: Recreation: Sports, Exercise, Gyms  
Reason for Selling: Seller wants to devote full-time to child
Year Established: 2003
# of Employees: 3
Yearly Revenues: $146,000
Yearly Net Profit: $40,800
Monthly Payroll: $22,000
 

Business for Sale Overview:

Well-established modern express ladies fitness gym with unique concept of express workouts which is a interval circuit training program that provides a full strength and aerobic workout in just 30 minutes! 350 monthly client members.Members mention increased energy levels, improved appearance. Buildout and equipment total 97k plus net cash flow of 40k makes this a superior value with good opportunities and base for continued expansion. Each workout is designed to be a non-stop interval training workout lasting approximately 30 minutes which is just perfect for todays active lifestyles. Great opportunity for personal trainer in this properous suburban LI location near the train station and all major highways. 2nd gym has gross revenue of 198,000k and net of $52,800 and is offered at $88,000.


Property Features and Assets:

Brand new facilities with $97k in equipment and construction buildout. There are 8-12 hydraulic machines and an equal number of recovery/rest stations included in the circuit. The recovery/rest stations are comprised of steps and cushioned platforms. Kiddy area for infants, changing rooms on-site. 7 years remaining on lease.


Market Competition and Expansion:

This franchise is a leader in its field and has a leg-up on the competition with a superior business plan, facilities and staffing hours.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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