Gym and Personal Training with Seller Financing

Not Disclosed, NY
Kings County


Asking Price: Annual Revenue:
$399,000 $720,119

Recreation: Gyms, Health & Fitness, Sports


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RE: Gym and Personal Training with Seller Financing Broker: Eric Mendelsohn
Owner Financing is Available!

Quick Facts

Asking Price: $399,000
Annual Revenue: $720,119
Net Profit: Not Disclosed
Cash Flow: $302,157
Total Debt: Not Disclosed
FF&E: $2,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 10
BBN Listing #: 128835879
Broker Reference #: 6842-326809

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Business Overview:

Motivated Seller as the owner has already relocated. 50% Seller Financing available. This established, well recognized, trademarked, profitable and increasing revenue gym and personal training studio has seen its revenues grow drastically in the past year with an experienced personal training team that has over 30 years of experience. Located a block away from a busy subway station, this business can work independently for a passive owner. A team of professional trainers, managers and marketing team support this gym. Additional income is possible by selling food, nutritional supplements, clothes, water and beverages plus additional classes. All equipment has been bought within the past six yeas to ensure its members have the latest equipment. Classes include squats, boot camp and yoga. Monthly membership is over 300 members. The fantastic monthly rent is only $6250 for this 3500 square foot gym.

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Reason for Selling:

Relocating

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 not a franchise resale opportunity.

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