Huge Price Drop: Beautiful, Fully-Equipped 18ksf Gym Only $749k

Listing Number: 6842-504734

Description

This is your chance to own a large, full-service gym at a HUGE DISCOUNT - half or less the cost of building out and equipping a new facility. The space is more than 18,000 square feet and beautifully built out and impeccably maintained with spacious areas for free weights, every kind of workout machine, studios for classes, cross-fit training, martial arts & boxing, locker rooms with showers and more. The equipment is in like-new condition. It has everything you need to provide a premium fitness experience appealing to virtually all ages and skill levels with the opportunity to drive revenue from memberships, retail, classes, personal training and more.

Hours: Monday-Friday 5am-Midnight. Saturday 6am-10pm. Sunday 6am-9pm.

Lease: 18,350 square feet. Rent is $21,526.72/month. Five years remain on ten-year lease plus two five-year options. Includes $1,000,000 buildout, $500,000 in FF&E and $5,000 of inventory.

Listing Details

  • Price: $749,000
  • Down Payment: $749,000
  • Sellers Discretionary Earnings: $0
  • Total Sales: $1,529,630
  • Location: Suffolk County, New York

  • Inventory: $5,000
  • FF&E: $500,000
  • Employees: 34
  • Year Established: 2016
  • Reason for Selling: Focus on other business interests.
  • Category: Fitness,Health Care & Fitness,Sports Goods & Fitness Stores,Sports Related Biz
Huge Price Drop: Beautiful, Fully-Equipped 18ksf Gym Only $749k

Business Listed By:

Bob Dunphy
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