Lower Manhattan Gym
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $600000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1997
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Full support and training.
Reason for Sale Relocation of Seller.
Description Well-established lower Manhattan gym on prime high-traffic thoroughfare. 7000 sq ft with free weights, resistance equipment, stationary bikes, step machines, treadmills variable resistance machines, tanning beds, stretching area showers and juice/snack bar. Current owners put 500k in improvements into gym. Many machines unique to this establishment. Services at the Gym include Personal training, Tanning, Smootie and Juice Bar, Nutritional Counseling, Towel Service, Diet Management.
Facilities: Modern State of the art fitness and weight training gym in prime lower Manhattan neighborhood. Well established since 1997 with 880 members. Equipment includes Body Masters, Life Fitness, Stair Master, Hammerstrength, Blutt Blaster, Tk Star, Cybex, Icarian, Nautilus, AFS, Flex, Nebula, Strive, Cemco, Iron Grip.
Email or call John Boswell at (212) 588-9977 for more information on this Gym business for sale.
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