Listing ID: 69200

Business Overview

This is an opportunity to acquire an established gym franchise located in the East Setauket / Three Village area on Long Island’s North Shore. The studio officially opened in November 2020 and operates from a 2,700 square foot space in a high-visibility shopping center along NY-25A. The business has built a strong recurring revenue base with approximately 200 members on autopay. Day-to-day operations are handled by a General Manager and W-2 coaching staff, allowing for semi-absentee ownership. The studio benefits from five-mile territorial exclusivity under a globally recognized boutique fitness brand. All major equipment is owned outright, with the exception of one leased item.

 

Business Highlights

Established Training franchise operating since November 2020

Approximately 200 members on recurring autopay

Five-mile territorial exclusivity

Semi-absentee ownership model in place

Prime North Shore shopping center location

Five years remaining on a transferable lease with 3% annual increases

Majority of equipment owned outright

No known legal issues or capital improvement requirements

Classes held from 5:15 am to 10:15 am and 4:30 pm to 6:15 pm.

 

Growth Opportunities

Owner-operator involvement to reduce payroll and increase SDE

Expanded local marketing and community partnerships

Increased utilization through class packs, seasonal promotions, and corporate wellness programs

Reason for Selling: The owner has multiple business ventures and is unable to dedicate sufficient time to this location.

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.

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

Financial

  • Asking Price: $225,000
  • Cash Flow: $72,000
  • Gross Revenue: $400,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.