Listing ID: 39233

Business Overview

Popular gym catering to a highly residential area.

Building sees lots of foot traffic and is located on a busy thoroughfare.

Street parking is available with public parking walking distance from the building.

Building has two floors with a total of 15,000 SQ FT.

There are currently 2,750 active memberships.

The most expensive membership is the one commonly chosen and makes up 90% of active memberships.

Approved third-party personal trainers contribute 20% of the monthly rent cost.

This is a fantastic opportunity to enter a popular business that is growing quickly and ready for expansion.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $2,000,000
  • Cash Flow: $465,000
  • Gross Revenue: $1,300,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:15,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Popular gym catering to a highly residential area. Building has two floors with a total of 15,000 SQ FT.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business

Competition:

There are currently 2,750 active memberships.

Opportunities and Growth:

Approved third-party personal trainers contribute 20% of the monthly rent cost.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535