Gym for sale in NY (1484) | American Gym Trader
Affluent NYC Boutique Gym
(city not disclosed) | NY State | Westchester County
*sold!*
*** sold! ***
Key metrics
Asking price: $299,000
Established: 2010
Gross income: $769,459
Cash flow: $156,581
Franchise: No
EBITDA:
Employees: 11
Square Feet: 4,444
Home Based: No
FFE: $373,511 (included)
Inventory: $2,000 (included)
Real estate:
Relocatable: No
Business description
Westchester County's premier full service owner operated facility started in 2010. Located in an affluent NYC suburb. This 4,444 SF gym has it all. From group fitness, spin, personal training, weight loss, lifestyle coaching and an Organic Smoothie Bar. No detail has been left out.
This business has been well managed -- books are in order, website is fully developed, SEO is strong, scheduling systems are in place, and trainers are excellent.
If you want to get into the growing fitness business and desire a solid, established foundation from which to start, this is an incredible opportunity that won’t last long.
Support
No cost for 2 weeks
Reason for selling
Owners Chiropractic business absorbs too much of his time and cannot manage the fitness center.
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
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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.
Lean more >> -
FFE – This is the estimated value of the
Furniture, Fixtures and Equipment.
Lean more >> -
Inventory – This is the estimated value of
the retail products and merchandise.
Lean more >> - 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.
Lean more >>
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