THE Business for Sale Marketplace

Paramount Sales & Acquisition Inc., is pleased to present the opportunity to acquire a Long Island NY State-of-the Art Fitness Center where no expense has been spared in building this beautiful and very large modern Center. The gym and sports center is proud to offer its members more space and more service than most other health clubs and gyms on Long Island. The health club is conveniently located on a main road in a busy center.

Offering much more than the average neighborhood gym and fitness club, with state-of-the-art fitness/sports facility has a wide range of programs taught by top sports and fitness instructors, the gym and sports center will inspire anyone to achieve all of your sports and fitness goals as well as offering programs for children and adults.

On a more relaxing note, take an extended break at the café and network with other members, or catch up on emails using the club’s complimentary Wi-Fi service. Innovative Group Fitness Classes, Personal training, features spin, pilates, yoga classes and more. There is no other gym available for sale on Long Island of
this caliber. Large parking lot and location makes this the most convenient, full service gym/health club in the area.

Extensive Documents available to clearly show the cost of building this gym today. Documents provided by a very reputable and knowledgeable consultant in the industry for over 20 years.

1) Build Out/Tenant Improvements $3,570,280.00
2) Estimated Cash Reserves $361,738.00
3) Estimated Equipment and Furniture $506,600.00
To build today Total Capital Needed $4,438,618.00

Available Documents: Documents provided by a very reputable consultant and builder who specializes in all phases of the health fitness industry for over 20 years.

(PDF, Excel Docs include:)

Construction Budget: A detailed itemized account for the comparative cost of construction for the same fitness club today.

Buy vs. Build Comparison: An informative guide, which includes expenditures and itemized accounts of Buy verses Build today with comparisons based on defined projections and the current performance of the club.

Facility ProForma: Detailed Financial Profile of the Club

400 new net dues paying memberships in the last few months.

This facility should only be inquired upon by an educated buyer who understands the process of building a new business, the expenses involved, and the time frame to expect a positive cash flow. Obviously, all new businesses do not begin with a positive cash flow as a result of the various expenses of building and opening a new business. Therefore, we have carefully provided these documents, which will be made available for the discerning buyer.

*The facility is at a break even point and on its way to reaching a profitable standing while it continues in its current building phase.