Absentee Gym with Significant Receivables for Sale

Listing Number: 83341-79883


Over $1,800 active members. Significant amount (65+%) of those on yearly contracts. 88% of all contracts EFT. Great amount of group training. "Full" locker rooms with lockers and showers. Most equipment is hammer, Life fitness, Nautilus, and precor. Has spinning room. Owner owns building and is willing to give long lease. Expenses with new lease have already been adjusted for SDE / Owner Benefit.

Listing Details

  • Price: $999,000
  • Down Payment: $450,000
  • Sellers Discretionary Earnings: $426,874
  • Total Sales: $1,025,879
  • Location: Withheld, New York

  • Inventory: $0
  • FF&E: $0
  • Employees: 11
  • Reason for Selling: Owner Moved to California
  • Category: Fitness

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