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2 WELL ESTABLISHED HEALTH CLUBS $2,750,000 EACH
Health and Medical - Health Clubs and Spas | Entertainment and Leisure - Sports Teams and Facilities
| Asking Price: | $2,750,000 | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | $600,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: 600,000 plus for each store | |||
Paramount Sales & Acquisition, Inc. represents a substantial opportunity to acquire 2 huge successful Long Island State-of-the Art Fitness Centers rated top 10% in the industry for high revenues. Asking prices are $2,750,000 for each health club for a total asking price of $5,500,000 for both locations. Cash Flow: $600,000 each location
1st. Health Club located in beautiful large plaza packed with 25,000 square feet of State-of-the-art-Equipment under 25’ ceilings. 2nd Health Club with 22,000 square feet under 15' ceilings. The most popular gyms in the area encompassing a strong hold on a 10-mile radius with 2 locations and containing the largest cardio equipment available with over 100 pieces of treadmills and cardio equipment per club. Parking for 500 cars at both locations. Each health club has under valued leases and low operational costs.
Truly Significant opportunities available to increase revenue immediately. No comparable competition. Major anchors. Has all the key elements for continued success 1) Prime Locations and access to large demographics 2)low economical occupancy cost, long term. 3)strong memberships 4)technology support system. Virtual security for both stores and so much more.
1st. Health Club located in beautiful large plaza packed with 25,000 square feet of State-of-the-art-Equipment under 25’ ceilings. 2nd Health Club with 22,000 square feet under 15' ceilings. The most popular gyms in the area encompassing a strong hold on a 10-mile radius with 2 locations and containing the largest cardio equipment available with over 100 pieces of treadmills and cardio equipment per club. Parking for 500 cars at both locations. Each health club has under valued leases and low operational costs.
Truly Significant opportunities available to increase revenue immediately. No comparable competition. Major anchors. Has all the key elements for continued success 1) Prime Locations and access to large demographics 2)low economical occupancy cost, long term. 3)strong memberships 4)technology support system. Virtual security for both stores and so much more.
About the Business
Facilities:Each store jam packed the latest equipment. Offering full services although each location is not capitalizing in personal training and other significant services they have available. Owner has lost interest.
Market Outlook and Competition:No competion. Has a 10 mile strong hold in the area.
About the Sale
Management Training and Support:Offering Training & Support as Needed
Reason For Selling:Moving Out of State
Seller Financing:$1,000,000 down for each Health Club
KEYWORDS: gym, health club, fitness, spa
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Industry: Health and Medical
Segment: Health Clubs and Spas Last Viewed: Hot Yoga
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