Nassau County High-Volume Franchise Gym
HS Listing ID-72034 100% absentee-owned business with experienced full-time manager in place Over 3,100 active recurring members generating predictable monthly income Approximately $76,000+ in recurring monthly membership collections Prime, high-visibility location on a major commercial corridor Spacious 27,000 SF facility with excellent parking and accessibility New 5-year lease with an additional 5-year renewal option Rent is $21,880 per month Approximately $1,000,000 in fitness equipment included and owned free & clear Membership base continues to grow with positive year-to-date net member gains Insurance-funded renovations currently underway, providing updated facilities prior to closing Significant upside through expanded personal training, recovery services, nutrition, retail sales, and corporate memberships A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Real Estate
Lease
Leasehold Rent
$262,560 per annum
Support & Training
Yes.
Size In Square Feet
27,000
Reason for Selling
Other business interests.
Financials
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