Own Your Own Dream Gym | Cash Flow 185,000

Contact Seller
Be the owner of your very own gym! have $185,000 cash flow Profit now
Asking Price:
$250,000

Gross Revenue:
$277,000
Cash Flow:
$185,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$165,000
included in asking price

Share this business:

Business Description

Be the OWNER of your very own gym! Have $185,000 cash
flow Profit NOW. Perfect for first time Owner, with 3 profit
sources, easy to operate. No debt, low rent, low total
overhead, EFT recurring revenue $23,000 month.

*Short Ad Description: Top Brand equipment: Life Fitness, Hammer Strength
Full line of Cardio
Deli/kitchen with commercial fridge, grill, deli case Smoothie
bar
Smoothie bar has profit, deli has huge profit potential along
with production from personal trainers to increase revenue
and profit

Spacious fitness facility that includes full smoothie bar and
deli/kitchen stocked with brand new, never-used equipment
including a commercial fridge, grill, and deli case. Gym itself
includes a full suite of top-of-the line Hammer Strength and
Life Fitness equipment, as well as a full line of cardio
(treadmills, arc trainers, etc.).

Located on an intersection:
with great traffic, close proximity to 2 colleges. Currently
under lease with 4 years remaining, option to renew for 2
additional five-year terms. Significant and rapid growth since
opening - no competition nearby. Open 24/7, which is a
significant draw for local members

About the Business

Year Established:
2016
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
10,000
Lease Amount/Mo.:
$6,431.00
Lease Expiration:
10/14/2022
Facilities:
Facilities assets are attached below.
Website:
trainhardfitnessgym.com/oneonta-ny-13820/
Market Outlook/
Competition:
1 local gym already going out of business since our facility
opened; 3 others: (i) body-building gym, much older and
much smaller, outdated equipment, only for a specific client
base, not family/community-oriented); (ii) rehab facility with
gym space, pool but high monthly membership rates and
signup fees, outdated equipment; (iii) local YMCA, also high
monthly membership and signup fees, no 24/7 access,
outdated equipment.
Growth & Expansion:
Significant opportunity for growth expansion, particularly
with the deli and personal training that includes adding more member base.
Contact the Seller

About the Sale

Reason For Selling:
Plans to move out of state
Training/Support:
Will train as long as necessary for purchaser to feel
comfortable running the business and employees
independently.

Listing Info

ID:
1378177
Ad Detail Views:
147


Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Jason Fiorini

 Show Phone Number

U.S. Census Data for Otsego County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Otsego County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.
;