Large, Absentee-Run Gym $249k

Not Disclosed, NY
Suffolk County

Asking Price: Annual Revenue:
$299,000 Not Disclosed

Recreation: Gyms, Health & Fitness, Sports

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RE: Large, Absentee-Run Gym $249k Broker: Bob Dunphy
Owner Financing is Available!

Quick Facts

Asking Price: $299,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 34
BBN Listing #: 170135879
Broker Reference #: 6842-504734

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Business Overview:

Asset Sale - 18,000 SF Gym In Great Location – Only $299,000

This is a beautifully built out, operational, 18,000 sf gym in a great location on Long Island. It is currently part of an international franchise but can be converted to independent gym. They
offer a full-service, premium experience loaded with classes, equipment and amenities on a grand scale. Revenue streams include memberships, retail and personal training. Classes include spinning, yoga, boxing, kickboxing, mixed martial arts, HIIT, Brazilian Ju Jitsu and more for both adults and youth. Amenities include check-in lounge & retail store, turf training area, boxing/kickboxing bags, cardiovascular training, spinning room, childcare/party room, outdoor area, strength training equipment, personal training, Olympic lift platforms, functional equipment, free weight room, bag room, offices and large, country club-style locker rooms. Includes $1,000,000 buildout and $500,000 in furniture fixtures and equipment.

Hours: Monday-Friday 6am-10pm. Saturday & Sunday 7am-7pm.

Reason for Sale: Owner needs to focus on other businesses.

This opportunity is offered at $299,000.

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Reason for Selling:

Partner disagreement

Additional Details:

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

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