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The Leading Health Club In The Industry For Sale

Queens, New York, US
Asking Price:
$4,500,000 Furniture / Fixtures included
Sales Revenue:
$3,200,000
Cash Flow:
$850,000

HS Listing ID-11289

This fitness center is located on a small shopping strip off a busy throughfare.

Customer parking is available.

Lots of businesses in the area driving traffic to the gym.

Fitness center has 17 years left on the lease.

Equipment includes treadmills, weights, and other various exercise machines.

This business is a franchise and is the #1 location across all others.

Current owner runs the business from home.

Personal training programs can be offered for an additional revenue stream.

Currently 6200 active memberships.

Very popular location and a perfect investment opportunity to own high-demand business.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Lease Terms:

17 Year Lease.

Premises Details:

This fitness center is located on a small shopping strip off a busy throughfare. Customer parking is accessible at front of the building and by an attached parking garage. Lots of businesses in the area driving traffic to the gym.

Business Operation

Expansion Potential:

Lots of businesses in the area driving traffic to the gym.

Competition / Market:

Currently 6200 active memberships.

Reasons for selling:

Other business interests.

Other Information

Support & training:

Yes.

Financing available:

N/A