MergerPlace

PROFITABLE and ABSENTEE Franchise Gym

New York (Suffolk)


  • Asking Price: $99,000
  • Gross Income: $420,000
  • Cash Flow: $20,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $150,000
  • Listing ID: #211295
  • Established: Not Disclosed
  • Employees: 8

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.


Business Details

Primary Business Category: Services - Other Services
Location: New York
County: Suffolk

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 8

Financial Information

Asking Price: $99,000
Gross Revenue: $420,000
Cash Flow: $20,000
FF&E: $150,000
Seller Financing Available: No

Property Information

Support & Training:

Yes

Contact Business Seller

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Business Listed By:

Ken Stein

Kensington Company & Affiliates