Gym Studio Under $50k!

Not Disclosed, NY
Bronx County

Asking Price: Annual Revenue:
$49,000 $519,933

Recreation: Gyms, Health & Fitness, Sports

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RE: Gym Studio Under $50k! Broker: Daz Connell

Quick Facts

Asking Price: $49,000
Annual Revenue: $519,933
Net Profit: Not Disclosed
Cash Flow: $75,798
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 7
BBN Listing #: 99764955
Broker Reference #: 3402-15184

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Business Overview:

Since 2017, this fitness brand has been providing quality programs & services with superior facilities as a kickboxing gym in and around the Bronx, NY area. Whatever you're looking for in a health and fitness business, you'll find it here. The gym combines a full range of cardio and weight loss programs with professional trainers. This business is a compelling opportunity and won’t last long.

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Property Features and Assets:

The property is 2,588 square feet and opened in 2017. The facility upgrades and all equipment are only 2 years old. Common areas include an abundance of striped/asphalt parking. Assets=$28,173

Market Competition and Expansion:

Included in the sale of the business is a first-class web design that is easy to navigate and offers new potential members everything they need to know about the company, the staff and their services. The company has also invested a substantial amount of time and money in social marketing including a well followed Facebook page. The US is the world's largest health and wellness market, with 38,477 clubs and an annual growth rate of 3.6%. Industry revenue is growing at a slightly higher rate of 6.1% and is currently estimated at $30 billion. Owner is absentee and not active in the business currently. A new operator involved in the business will continue to grow the business at a faster pace than current owner.

Reason for Selling:

Owner has other business interests.

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 a franchise resale opportunity.

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