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  • RE:  20,000 SF Gym In A Great Queens Neighborhood
  • Contact:  Ken Stein

Quick Facts

Asking Price: $900,000
Annual Revenue: $1,705,000
Net Profit: Not Disclosed
Cash Flow: $305,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 12
BBN Listing #: 944104
Broker Reference #: 15430

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Business Overview:

A profitable gym is for sale in a great affluent neighborhood in Queens, New York. This is an independent gym in a great location, with strong demographics and population density in the surrounding area. The gym is under-managed and undermarketed. There is also space that is underutilized, and offices sitting empty, that could be ideal sublease space for Physical Therapy, Chiropractor, Nutritionist, etc.  There are multiple studio rooms, a juice bar, sauna, plenty of parking, and great clientele. There is NO MARKETING currently in place and there is over $100,000 per month in EFT revenue.  Nothing is broken at $300,000+ in earnings and 2,000 members, but there is so much opportunity for an experienced gym operator to grow this business and take advantage of missed opportunities. If you are looking for a successful gym, with tremendous growth potential and strong earnings, call about listing 15430.

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Additional Details:

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

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