NOT DISCLOSED, New York
| Asking Price |
$110,000 |
Year Established |
2021 |
|
| Annual Revenue |
$178,008 |
Reason for Selling |
Owner and his wife are looking to spend more time on their other business. |
|
| Annual P/L |
$0 |
Attention |
Carlos Garcia-Tunon |
|
| Annual Cash Flow |
$35,635 |
Listing Number |
1006957 |
|
| # of Employees |
|
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
The new owners of this clean and spacious fitness center in Northern Westchester County will benefit from extensive renovations performed by the sellers. They will also acquire top of the line fitness equipment which was purchased outright and gain access to an electronic security system and a cloud based billing platform which make the gym easy to run with minimal additional headcount.
Property Features and Assets:
<p>The business leases 3,200 square feet in an office building near the waterfront. The space was retrofitted for its current purposes by the sellers. The fitness equipment in the facility was purchased in 2021 and 2022 for a cost exceeding $100,000 and is included in the sale.<br></p><p>Assets = $27,357 </p>
Market Competition and Expansion:
<p>The business differentiates itself by being locally owned and purpose-built, avoiding the anonymous feel of franchise gyms which are often overcrowded and require members to wait to use specific machines.<br></p><p>The new owner can grow profits by attracting new members, cross-selling personal training to a higher percentage of existing members, and by renting space to another personal trainer or massage therapist.<br></p>
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