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Fitness Center / Gym for sale in Westchester County, NY

Westchester County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 110,000 $ 178,008 $ 35,635

Furniture and Fixtures Value:
$ 27,357 (included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
This Westchester County based fitness center provides a clean and spacious location for members to work out and receive personal training.

 

   
Year Business was Established: 2021
   
Facilities / Terms of Lease: The business leases 3,200 square feet in an office building near the waterfront. The space was retrofitted for its current purposes by the sellers. The fitness equipment in the facility was purchased in 2021 and 2022 for a cost exceeding $100,000 and is included in the sale.  
   
Potential Growth/Expansion: The new owner can grow profits by attracting new members, cross-selling personal training to a higher percentage of existing members, and by renting space to another personal trainer or massage therapist.  
   
Competition: The business differentiates itself by being locally owned and purpose-built, avoiding the anonymous feel of franchise gyms which are often overcrowded and require members to wait to use specific machines.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner and his wife are looking to spend more time on their other business.  
   
Seller Reference Number: 3203-19318
BusinessMart.com Listing Number: 320867
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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