Profitable Gym & Therapy Business

Not Disclosed, NY


Asking Price: Annual Revenue:
$240,000 $502,822

Services: Medical, Dental


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RE: Profitable Gym & Therapy Business Broker: John Lastra
License #: 9213
Owner Financing is Available!

Quick Facts

Asking Price: $240,000
Annual Revenue: $502,822
Net Profit: Not Disclosed
Cash Flow: $78,359
Total Debt: Not Disclosed
FF&E: $130,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 13122818
Broker Reference #: Not Disclosed

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Business Overview:

The New Mexico business is an established fitness center for individuals over fifty years of age and a physical therapy center for all ages. The unique age focus of the fitness center allows for a non-intimidating environment for those over 50 years of age.

This inter relational concept is a unique business model. With its combination of trained physical therapists and fitness trainers the company has created a unique market niche. The fitness center has a membership base of 200 +/- individuals and the membership capacity is 230 +/-. The therapy fitness programs are designed for each member based on their medical/ orthopedic history and personal goals.
The therapy services are provided by physical therapists to assure the most effective results. The therapy is primarily orthopedic. The convenience and availability of the fitness center often provide clients with fitness care after discharge from therapy.

The business to include all furniture, fixtures and equipment, $3,500 of product inventory, customer lists, covenant not to compete and training is offered for sale at $240,000. It is anticipated that the Seller would finance 10% of the sales price and that SBA guaranteed bank financing would be available for the business purchase with a buyer down payment of approximately $25,000.00.

The real estate is available for lease and or purchase.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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