Branded Gym in Nassau County, NY - 31706

Not Disclosed, NY
Nassau County

Asking Price: Annual Revenue:
$2,600,000 $2,000,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Branded Gym in Nassau County, NY - 31706 Broker:

Quick Facts

Asking Price: $2,600,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $600,000
Total Debt: Not Disclosed
FF&E: $6,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 39
BBN Listing #: 1194447
Broker Reference #: 31706

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Business Overview:

Major Name Branded Gym Super Profitable with 2nd location also available listings 31707 asking $1.8 and listing & listing 31706 these gyms have over 9,000 members combined there do over $300,000 in Part Time OVER $42,000 Over the counter monthly over $125,000 in enhancements and over a $100,000 in vending 31707 is asking $1.7 no notes and nets $500,000 31706 asking $2.5 no notes & nets $600,000 if seller holds some notes asking price will be higher. Fully stated Gyms & fitness centers sellers true net is over $1.1 Proof of funds are a Must serious inquires only. Super locations long leases solid rare gem Listings Long Island Based. Seller is absentee and never in gyms.
Contact Broker Jim Aloi. Gyms include over a million dollars in equipment. Seller is absentee and never in gyms.

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Reason for Selling:

Raising cash for multi million dollar project.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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