Branded Fitness Business in Suffolk - 32023

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$150,000 $174,757

Services: Non-classifiable

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RE: Branded Fitness Business in Suffolk - 32023 Broker: Mel Vaz

Quick Facts

Asking Price: $150,000
Annual Revenue: $174,757
Net Profit: Not Disclosed
Cash Flow: $84,299
Total Debt: Not Disclosed
FF&E: $74,003
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 36734447
Broker Reference #: 32023

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Business Overview:

Branded Fitness Business. This is one of the best known international names in fitness. This facility was established in 2014 and has shown consistent numbers for the past 4 years. The average 92-98 members/mth. There is definitely room for growth. The business occupies a 3,700 square feet, facility with a 15 year lease AND NO INCREASES FOR THE LENGTH OF THE LEASE! That is unheard of. The rent is 4,400/month. The tenant does not pay tax or CAM. This affiliate pays only a $3,000 annual fee to use this program. No other fees. That fee structure will be transferred to a new owner as it is grandfathered. The business is fully staffed. In the past year the business grossed approx. $174,757.00 with a net cash flow of approximately $84,299.00. We are seeking a serious and financially qualified buyer with at least $150,000 in liquid funds to cover the asking price. This business is great for a full-time owner, fitness enthusiast or as a side hobby business. To learn more, please contact Mel Vaz today or email us. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

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Reason for Selling:

Other Opportunites.

Additional Details:

  • The property is owned.
  • The owner is 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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