Personal Training Studio - Fully Equipped

Suffolk County, NY

Seller Financing Available

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Asking Price:$129,000
Gross Revenue:$80,000
Established Year:2021
Cash Flow:$57,000
FF&E:$60,000
BUSINESS DESCRIPTION

LISTING ID # 36499

Personal Training Studio – Fully Equipped! This 1500 sf studio has it all from free weights to TRX, hack squat machine to tower equipment with every attachment you can think of. The owner and trainer is forced to sell due to a recent accident. 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. There are over 20 current clients that the owner is willing to help transition as part of a sale. In the past year the business generated an owner’s cash flow of approx. $57,000.00. The rent is only $1,500/mth. The owner will consider seller financing for a well-qualified buyer with experience. We are seeking a serious and financially qualified buyer with at least $90K 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 the broker.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
90,000.00 Down & $39K over 12 months @ 7.5%
Support & Training
Seller will train
Reason for Selling
Owner injury
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd