Gym for sale in NY (1478) | American Gym Trader

Gym for sale in NY (1478) | American Gym Trader

Womens Fitness Center

(city not disclosed) | NY State | Onondaga County

*sold!*


*** sold! ***

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Key metrics

Asking price: $99,900

Established: 2004

Gross income: $236,000

Cash flow: $37,350

Franchise: No

EBITDA:

Employees: 16

Square Feet: 10,000

Home Based: No

FFE:

Inventory:

Real estate:

Relocatable: No

Business description

This club exclusively for women has been delivering results to the women of Syracuse for over three decades. The club offers personal training, group exercise classes, group strength training, massage therapy, tanning and a supervised play room. A dedicated staff is in place and ready for a new owner to take it to the next level.

The 10,000 sq. ft. club with ample parking is in a stand-alone building. This club can be easily converted to a 24/7 Co-Ed gym and boast an abundance of the best cardio and strength equipment available.

The owner is ready to retire and will provide up to four weeks of free training to the new owners.

 

Support

As needed for smooth transition within 4 weeks

Reason for selling

Retiring

disclaimer

American Gym Trader has not made any independent investigation, verification or audit of the information contained in this advertisement and makes no representations or warranties, express or implied, regarding the accuracy or completeness of the information contained herein or linked to and assumes no responsibility to its accuracy or completeness. When buying or selling a business American Gym Trader encourages you to seek the advice of a professional business broker. American Gym Trader has no monetary interest in the sale of the business. American Gym Trader does not warrant the Right of Use of any photography, logos or graphics.

Contact Dave Didion


Dave Didion

Dave Didion

American Gym Trader

571-989-6375

No Spam Please

Do not contact the broker/seller for any reason other than your interest in buying a business!

Frequently Asked Questions

Important terms

  • Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
  • EBITDA – Earning Before Interest Taxes Depreciation and Amortization. This financial term is generally only used with multi-million- dollar businesses.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • Cash Flow – Cash Flow is often also called Sellers Discretionary Earnings or Owners Benefit. All debts on a business are normally paid off at closing. Cash flow is the total of net profit, owner’s salary, depreciation, amortization, interest, perks and non-recurring expenses.
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