Large Twenty Four Hour Gym for Sale in Palm Beach

Not Disclosed, FL
Palm Beach County

Asking Price: Annual Revenue:
$350,000 $467,538

Recreation: Gyms, Health & Fitness, Sports

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RE: Large Twenty Four Hour Gym for Sale in Palm Beach Broker: Simon Polzer

Quick Facts

Asking Price: $350,000
Annual Revenue: $467,538
Net Profit: Not Disclosed
Cash Flow: $76,168
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 3
BBN Listing #: 3814630
Broker Reference #: 6401705157

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Business Overview:

This popular 24-hour access gym provides a first-class facility to its established client base. Large equipment room with a separate studio for various classes. Covid was a speed bump, but classes are running again and the "regulars" are coming back. Over 8200 square feet build-out with fresh paint and first-class equipment. Over $300k of equipment and leasehold improvements included in the sale. Low competition in the area. Trainers and instructors are in place. This is a turnkey fitness center. Non-Franchise. Located in a busy plaza with an anchor store. High traffic count intersection. Please refer to listing 6401705157, business broker Simon Polzer 5614595190 when you inquire about this listing.

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Property Features and Assets:

Lease/Month: $14,750; Square Footage: 8,250; Building Type: Retail Strip; Expiration Date: 1/1/2023.

Market Competition and Expansion:

Non Compete : Miles: 20 Years: 3

Reason for Selling:

Other Interest

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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