Just Listed Bronx 15,000 sf Franchise Fitness/Gym In Biz 9 Years
| Asking Price: | $950,000 |
| Gross Revenue: | $900,000 |
| Rent: | $26,000/Month |
| Cash Flow: | $251,580 |
| Inventory: | $10,000 |
| FF&E: | $500,000 |
Just listed Exclusively by Moxie Group! It’s an exciting time to be in the fitness-franchise business. This fitness center features over 2300 members with annual fees of appx. $41.79 & VIP is $52. The gym is over 15,000 SQFT with 15 years on the lease in a great Bronx, New York location. The gym also offers a smoothie bar, personal training, child care, group fitness, pro shop and tanning which creates additional revenue centers that maximize bottom line returns. The equipment is worth $500k . The current owner is absentee and is pursuing other business opportunities. The gym has been open since 2015 with great cash flow and transparent financials for buyers to review. To open a brand new gym the the initial Investment averages $944,000 - $1,592,250. This gym is already operating with an established clientele and priced to SELL NDA required with proof of funds. Call for an complete overview of this great opportunity to get into the growing fitness business. SBA loan available if qualified
