SBA Pre-Qualified Gym in High Traffic Location- UNDER LOI

Westchester County, NY

Seller Financing Available

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Asking Price:$995,000
Gross Revenue:$846,103
Rent:$17,500/Month
Cash Flow:$412,640
Inventory:$2,000
FF&E:$150,000
BUSINESS DESCRIPTION

This fitness center is a prime opportunity for fitness enthusiasts and investors alike. Located in a bustling area of Westchester County, this well-established gym offers a variety of diverse equipment and member-friendly options. The prime location, combined with its exceptional reputation, clean and friendly environment, positions this fitness center as an ideal acquisition for someone looking to step into a turnkey operation with growth potential in personal and group training. Additionally, the listing is pre-qualified for an SBA loan, making financing straightforward for qualified buyers.

The facility is exceptionally clean and well-maintained, boasting approximately 7,800 square feet on the main floor with an additional 3,750 square feet on the lower level. Currently, only the main floor is built out, providing potential for expansion. Current rent is $17,500 with no rent escalation until the end of the lease on 8/15/27.

This gym has no special licensing requirements, making it accessible for any aspiring business owner. The current owner is willing to provide free training post-sale and can continue in a consulting role if desired by the buyer. With the majority of the revenue derived from memberships, this business offers a steady income stream.

Don’t miss out on this lucrative investment opportunity.


DETAILED INFORMATION
Location
Westchester County, NY
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
14/08/2027
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
# of Weeks Seller Will Offer Training: 4
Reason for Selling
Other Business Interests
Franchise
This business is an established franchise
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Eric
Mendelsohn
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Eric Mendelsohn