Profitable Franchise Gym - Absentee

Not Disclosed, NY
Suffolk County

Long Island

Asking Price: Annual Revenue:
$375,000 $1,150,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Profitable Franchise Gym - Absentee Broker: Ken Stein

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,150,000
Net Profit: Not Disclosed
Cash Flow: $190,000
Total Debt: Not Disclosed
FF&E: $989,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 20
BBN Listing #: 17034701
Broker Reference #: 14173

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Business Overview:

A state of the art, profitable, absentee franchise gym just came on the market. This gym is part of a leading franchise company. With over 3,500 members, this is a high volume club that offers all the amenities. A more aggressive owner who wants to increase the marketing budget and focus on daily operations could make a major impact on growing the gym. There are numerous growth opportunities within the 4 walls to grow revenue and profitability. This gym is located in Suffolk County, and is surrounded by both a strong mix of residential and commercial population. This gym is turnkey, fully staffed and highly profitable. There is a long term lease in place. All the members pay monthly fees in addition to an annual fee. There is very predictable cash flow and the gym is selling for considerably less than the cost to build new units.

Please refer to listing number #14173 when inquiring about this opportunity.

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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 a franchise resale opportunity.

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