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Listed by:

Kensington Company

Profitable Gym In A Great Queens Neighborhood For Sale

Queens, New York, US
Asking Price:
$900,000 Furniture / Fixtures included
Sales Revenue:
$1,705,000
Cash Flow:
$305,000

A profitable gym is for sale in a great, affluent neighborhood in Queens, New York. This is an independent gym in a great location, with strong demographics and population density in the surrounding area. The gym is under-managed and undermarketed. There is also space that is underutilized, and offices sitting empty, which could be ideal sublease space for physical therapy, chiropractors, nutritionists, etc.

There are multiple studio rooms, a juice bar, a sauna, plenty of parking, and a great clientele. There is no marketing currently in place, and there is over $100,000 per month in EFT revenue. Nothing is broken at $300,000+ in earnings and 2,000 members, but there is so much opportunity for an experienced gym operator to grow this business and take advantage of missed opportunities. If you are looking for a successful gym, with tremendous growth potential and strong earnings, call about listing 15430.

Property Information

Real Estate:

Lease

Business Operation

Employees:
12
Years established:
2014

Other Information

Support & training:

Yes

Furniture / Fixtures value:
$750,000 - included in the asking price