Listing ID: 72272

Business Overview

Asking Price: $950,000

$500K+ Annual Gross Revenue

Approximately $140K Seller’s Discretionary Earnings

60-foot express tunnel

500+ active unlimited membership subscribers

27-year lease (through December 2049)

Approximately $4,243/month in recurring retail sublease income

Approximately $15,175/month rent

Fully absentee ownership

Six experienced employees

Inventory included

Prime Brooklyn location with excellent visibility

Strong growth potential through active management, expanded memberships, fleet accounts, premium services, and marketing initiatives

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: $950,000
  • Cash Flow: $140,000
  • Gross Revenue: $500,000
  • 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:N/A
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.