Personal Training Business - Private Gym - 27363

Nassau County, NY

Personal Training Business - Private Gym  - 27363

Asking Price:$575,000

Cash Flow:$226,655

Gross Revenue:$558,402





*not included in asking price.

Personal Training Business - Private Gym - 27363

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Business Description

Personal Training Business - Private Gym. For the past ten years the owner has put his blood, sweat and tears into building a great business from scratch. Today the owner has only a handful of clients he trains himself. Most clients see other trainers at the gym, so there will be little to no client loss in a sale. This is a 5600 sq ft Personal Training Studio/Private Gym/Group Fitness/ Studio. They are open 7 days. The currently sell no retail items, supplements, clothing, etc. That is huge growth area. There is much room for expansion. In the past year this business Grossed approx: $558,402 with a Net Income of approx: $226,655.00. THESE NUMBERS COME RIGHT FROM THE 2014 TAX RETURN! The owner would stay on for a thorough training and transition period. We are looking for a buyer with some fitness/personal training background and at least $345K in liquid capital.

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Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
345,000.00 Down & $230K over 3 yrs. @ 6%
Support & Training:
Seller is willing to train new owner.
Reason for Selling:
Other interests

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