Monetized Health Club with Great Net Margins

Not Disclosed, NY
New York County

Asking Price: Annual Revenue:
$2,250,000 $858,071

Recreation: Gyms, Health & Fitness, Sports

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RE: Monetized Health Club with Great Net Margins Broker: Christopher Viskup
Owner Financing is Available!

Quick Facts

Asking Price: $2,250,000
Annual Revenue: $858,071
Net Profit: Not Disclosed
Cash Flow: $401,669
Total Debt: Not Disclosed
FF&E: $654,257
Real Estate: Not Disclosed
Year Established: 2014
Employees: 9
BBN Listing #: 333049826
Broker Reference #: 83341-336054

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Business Overview:

Excellent Fitness Business with Fantastic Lease Terms, Location, and Net Margins. Mostly hands-off owner. A great investment!

• Total Fixed Assets on Balance Sheet $1,997,202.79 (AS OF Sept 2019)
• 17,000 square feet
• Two floors and situated
• In a Prime location and 50-story building
• Absentee owner. A new owner can grow accounts if willing to be more hands-on, or keep the business model the same and enjoy a return on investment without much effort
• Over 200 state of the art machines, a spinning room, an exercise studio for group classes, three tanning rooms, a smoothie bar, a pro shop, and much more.
• Great rent situation as percentage of profits


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Reason for Selling:

Career change.

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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