Fitness Center / Gym

Asking Price$110,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$178,008

InventoryNot Disclosed

FF&E$27,357
Included in asking price
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Fitness Center / Gym


Asking Price$110,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$178,008

InventoryNot Disclosed

FF&E$27,357
Included in asking price
Business Description
The new owners of this clean and spacious fitness center in Northern Westchester County will benefit from extensive renovations performed by the sellers. They will also acquire top of the line fitness equipment which was purchased outright and gain access to an electronic security system and a cloud based billing platform which make the gym easy to run with minimal additional headcount.
About the Business
Years in Operation
5
Facilities & Assets
The business leases 3,200 square feet in an office building near the waterfront. The space was retrofitted for its current purposes by the sellers. The fitness equipment in the facility was purchased in 2021 and 2022 for a cost exceeding $100,000 and is included in the sale.
Market Outlook / Competition
The business differentiates itself by being locally owned and purpose-built, avoiding the anonymous feel of franchise gyms which are often overcrowded and require members to wait to use specific machines.
Opportunities for Growth
The new owner can grow profits by attracting new members, cross-selling personal training to a higher percentage of existing members, and by renting space to another personal trainer or massage therapist.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,218
About the Sale
Seller Motivation
Owner and his wife are looking to spend more time on their other business.
Transition Support
Will train for 4 weeks @ $0 cost.
Listing Info
ID
2494706
Listing Views
17

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Business Listed by: Carlos Garcia-Tunon Murphy Business Sales - Stamford

Listing ID: 2494706 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.