Women’s fitness franchise club w/over 700 members

Not Disclosed, NY
Queens County


Asking Price: Annual Revenue:
$249,000 $372,189

Recreation: Gyms, Health & Fitness, Sports


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RE: Women’s fitness franchise club w/over 700 members Broker: Amy MIngasson
Owner Financing is Available!
100000.00

Quick Facts

Asking Price: $249,000
Annual Revenue: $372,189
Net Profit: Not Disclosed
Cash Flow: $82,480
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 544849826
Broker Reference #: 83341-482675

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Business Overview:

Over $345K in assets after depreciation and for less than the price of a startup, own a popular fitness club that women flock to for the exclusivity, cleanliness, quality and comfort. Bright and beautiful 2nd floor with grand windows. Full-service gym with machines, group classes, personal training and IR Sauna. Fully staffed with employees and instructors. Building has NYC gym special use permit, legal LED signage and FAR IR Sauna permit.

LOCATION: An anchor in the Forest Hills, Queens community for over 10 years. Average household income within 1/2 mile radius at $106K/year, is in the top 15% of highest income in the United States.

COVID-19 TREND: Obesity and underlying associated conditions have increased the risk for hospitalization and death from COVID-19. Rising health awareness and medical community recommendation supports market growth and demand for weight management and gym services.

Owners want this opportunity to go to someone who has a passion for health and fitness.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Moving

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.

Relevant Links:

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