The Leading Health Club In The Industry

Queens, NY
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Asking Price:$4,500,000
Gross Revenue:$3,200,000
Cash Flow:$850,000
BUSINESS DESCRIPTION

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


DETAILED INFORMATION
Location
Queens, NY
Inventory
Not Included in asking price
Real Estate
Leased
Facilities
Large fitness center with parking. Absentee Owner.
Competition
Currently over 6,000 active memberships.
Growth & Expansion
Lots of businesses in the area driving traffic to the gym.
Support & Training
Yes.
Reason for Selling
Other business interests.
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Mike
Steinberg
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Mike Steinberg