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State of the Art Absentee Great Biz!

$ 599,000

An ABSENTEE run gym is for sale on Long Island with tremendous potential for growth. Included in this location is a full management team to get you started. Top of the line fitness equipment with $270,000 recently invested! 18 year lease in place with potential for expansion. Selling due to personal issues. TAKE ADVANTAGE OF THIS OPPORTUNITY BECASUE IT WILL NOT LAST LONG.

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State/County: ,
Country: United States
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Property Id : 530
Price: $ 599,000
Gross Revenue: $1,200,000
Facilities: 22,000 SQ FT - Local Neighborhood Gym Business. 2 Floors. Large shopping center on a high volume main road.
Cash Flow: $185,000
Inventory: $10,000*
Reason for Selling:: Personal Issues
Support & Training: Yes
FF&E: $30,000
EBITDA: $185,000
Growth & Expansion: Tremendous potential for an operator to come in and plug the holes the business needs
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