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Absentee, Profitable Franchise Gym on Long Island for Sale
Listing Number: 12140

Location: Long Island
Asking: $700,000
Gross: $1,100,000
Cash Flow: $250,000

Summary Description:

  A state of the art, profitable, absentee franchise gym in a very desirable area just came on the market. This health club is part of a leading franchise company. With over 4,500 members and 15,000 square feet this is a high volume health club that offers all the amenities. A more aggressive owner that increases the marketing of this facility as well as focusing on daily operations could make a major impact on growing the gym. There are numerous growth opportunities within the 4 walls of this business including propelling personal training to their members. In addition, there is more Long Island Territory so expanding with additional units is also an option. This gym is turnkey, fully staffed and highly profitable. All the members pay monthly fees in addition to an annual fee. There is very predictable cash flow and is selling for considerably less than the cost to build new units. Please refer to listing number 12140 when inquiring about this opportunity.

Contact Information:

Contact: Elaine Iucci, Buyer Coordinator
Phone: 516-626-2211
Email: buyerdept@kensingtoncompany.com

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The Kensington Company. - 185 Roslyn Road, Roslyn Heights, NY 11577

Phone:(516) 626-2211 - Fax: (516) 626-2381

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