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Asking Price:	$250,000 USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Not selling, looking for investor/partner
Year Established:	2007
Yearly Cash Flow:	$600,000
Yearly Gross Income:	$2,600,000

Business for Sale Overview:

If you were ever interested in owning or investing in a gym/fitness center, this is the place for you. The owners are looking to raise $250,000 and have an additional partner to help grow the gym. Current owners went to all lengths in redesigning this gym. Approximately $2,000,000 was spent in the design and equipment of this facility. Partners are now strapped for operating cash and looking for an additional partner to come in with some operating cash. Owners have plans in place for attracting new clients, advertising and marketing done by outside firm. No details or dollars spared in redesigning this long standing gym/fitness center. All brand new equipment. Strategically located in lower Manhattan and previously owned by a former body building champion, this place is ready to make money. Owners have another gym on LI that has already been a success.

Property Features and Assets:

Previous gym has been gutted and all brand new equipment has been installed. Largest selection of Cardio Machines in lower Manhattan.

Market Competition and Expansion:

More classes, expansion into adjoining space within the building.

Additional Details:

• The property is owned.
• 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 not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.