Fitness Club-Gym 10,000 sq. ft Absentee Run - 24961
- Listing Id: 9920
- Broker Name: Vested Business Brokers Ltd
- Category: Entertainment and Recreation
- Asking Price: $425,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $150,000.00
- Inventory: $3,000.00
- No. Of Full-Time Employees: 2
- No. Of Part-Time Employees: N/A
- Gross Income: $700,000.00
- FF&E: $200,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Queens County
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Fitness Club - Gym - 10,000 sq. ft. RUN ABSENTEE. The owner only comes in one day per week. This is one of the best locations in the NY Metro Area. They are surrounded by over 50,000 residents within a mile. A huge supermarket over 30,000 sq. ft. is coming to the area very soon. There is no competition within a mile. Most members walk or run here daily. In the past year sales were approx. $700,000.00 with a net income of approx. $150,000.00 - Absentee owned. The owner is selling due to his wife's illness. They have over 1,300 active members and stable sales. There is a management team in place. We are seeking a serious and financially qualified buyer with at least $425K in liquid funds. Proof of funds will be required. If you meet the criteria, please call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.
Financial Summary
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