Popular Fitness Center: Modern Equipment, Busy Shopping Area

Featured on BusinessForSale.com . 3 viewed

Asking Price

$4,500,000

FOR SALE - ACTIVE

Detailed Information

Location

Queens, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This established fitness center, located in a busy shopping area with customer parking available, features a variety of modern exercise equipment. The business has 17 years remaining on its lease and operates as the top-performing franchise location among others in the chain. With the option to offer personal training programs for increased revenue, the current owner manages the business remotely, making it an attractive investment opportunity. The fitness center caters to a large clientele, boasting 6200 active memberships and benefiting from the high foot traffic from surrounding businesses. Its central location and popularity make it a sought-after business opportunity with a strong potential for growth. The existence of various exercise machines, including treadmills and weights, ensures that members have access to a diverse range of fitness options to meet their needs. For interested parties, a signed confidentiality agreement is necessary to obtain the exact location details. With a solid lease term, established membership base, and potential for additional revenue streams through personal training programs, this fitness center presents a lucrative chance to own

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