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Growing Health Club On Highly Visible Main Street For Sale

Hempstead, New York
Asking Price:
$1,150,000
Sales Revenue:
$1,120,000
Cash Flow:
$308,000

Rare Opportunity. Owner is running this business absentee and is making money.
Gym currently has over 3400 active members. Avenues of revenue include membership base, juice bar, personal training and different classes. This Franchise is proven to be the strongest brand in its class with over 175 locations throughout the Tri State. Equipment is owned and is only 3 years old. Lease is 17 years with a 5 year option. Full management system in place. This business is approved for an SBA loan with 30 percent down. Don't miss this opportunity .

Property information

Real Estate:

Lease

Lease Terms:

17 years with a 5 year option

Location:

Located on the Main St with over 50,000 VPD Passing By

Premises Details:

20,000 sq ft facility New locker rooms, New HVAC , New Flooring, New Equipment, New Everything

Business Operation

Expansion Potential:

Has capacity to reach 5000+ members

Competition / Market:

Only Full-Service Health Club with Revenue Expansion Potential and High Visibility

Reasons for selling:

Retiring and Relocating

Employees:
10
Years established:
2015

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full Training and Support by Franchise and Owner

Contact Information

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  2. Country

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