Profitable And Absentee Franchise Gym

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Located in Suffolk County close to the Nassau Border
Asking Price:
$99,000

Gross Revenue:
$420,000
Cash Flow:
$20,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$150,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This Franchise Gym is for sale in Suffolk County close to the Nassau border. The club is underperforming and has very strong growth potential. it is part of a very strong national franchise brand and has many programs that are underutilized at this location because of its Absentee nature. The club offers Personal Training, Group Exercise Classes, Functional Weights and Martial Arts Training. There is a Manager in place that is aware of the sale and is available to stay on for a new owner and continue to manage the club, or will move on if the new owner wishes to manage the facility themselves and pick up the salary.

This is a great opportunity to buy a profitable gym, at a price WAY less than the cost to build with tremendous upside potential. This is an opportunity to buy an already profitable gym, operating absentee, with big potential for less than the cost to build. Call about listing 13983 to enquire.

About the Business

Number of Employees:
8
Franchise:
Yes
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1586148
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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U.S. Census Data for Suffolk County, NY
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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 Suffolk County, NY
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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.


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