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Boutique Health Club - Est Over 30 Years!

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$89,000 $120,000 $40,000

Furniture and Fixtures Value:
$50,000 ( not included in the asking price)

Business Summary:
LISTING ID # 35149Boutique Health Club in affluent N Shore Suffolk. Price Reduced! Established over 30 years, this business took a step back due to Covid. That has created an opportunity for someone new to come in and run with the current concept, expand it or bring in something new to service the demand in the area. This is a 2,000 sf health club currently offering group fitness classes (spin, barre, HIIT, yoga, TRX and strength). The group fitness room was completely renovated in 2021 to create a state-of-the-art space. In addition, an outdoor training area was created (weather permitting). In the past year the business grossed approx. $120,000.00 with an owner’s cash flow of approx. $40,000.00. 2019 sales were $220K. The seller may consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $89K in liquid funds. The ideal buyer would have experience in the fitness industry. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or [email protected] addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35149 for instant access to this business information.

 
   
   
Year Business was Established: 1993
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
 

 

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