Gyms & Fitness Centers, Other Health Care & Fitness
Active
Turnkey 15,000 SF National-Brand Gym – $1M+ Revenue
Queens County, New York, United States
Asking Price$900,000
Revenue$1,046,504
EBITDA-
Cash Flow$275,000
Description
Here's a chance to own an established fitness club under one of the nation's best-known high-value, low-price gym franchises. The club sits in a high-visibility retail plaza in a dense, affluent part of Queens. It opened in 2019, came through COVID, and now has more than 3,500 active members. Most revenue is recurring, billed monthly by automatic EFT.
The 15,000 SF club is fully built out. It has a full floor of cardio and strength equipment, free weights, a turf area for functional training, group fitness studios, and large locker rooms with private showers. There are several ways members spend beyond dues: personal training, an in-club smoothie and nutrition bar, a pro shop, tanning, and massage.
The owner works only at the strategic level. That makes this a good fit for an investor who wants limited involvement or a multi-unit operator adding to a portfolio. An owner-operator who wants to be hands-on could also grow earnings by stepping into the manager role.
The franchisor provides national advertising, a member app with a rewards program, technology platforms, operating systems, and ongoing support. Members also get access to clubs across the network.
The area around the club is well off. Median household income in the immediate ZIP code is about $98K, nearly one in five households earns over $200K, and population density is above 21,000 per square mile. Homeownership is high and the community is stable, which keeps member churn low. There's ample parking and easy access by highway and public transit.
Additional seller add-backs are documented and available to qualified buyers once an NDA is signed.
This is a confidential sale. A full NDA and Proof of Funds are required. The buyer will be subject to franchise approval and standard transfer fees.
At Acquitrust Advisors, we are not just traditional business brokers. We are experienced business owners and strategic advisors who understand the true value of a well-built enterprise. We meticulously curate premium, confidential acquisition opportunities, ensuring perfect alignment and success for both buyers and sellers. NDA and proof of funds required.
Real Estate
Rent is $35,000 per month
Building Size: 15000 sq. ft.Furniture Fixtures & Equipment
$500k
Inventory
$5kIncluded in Asking Price
Business is
Absentee Owner
Established Franchise
Number of EmployeesFull-Time: 5Part-Time: 2
Year Established
2019
Reason Selling
This is a strategic exit for the seller, who is ready to pursue a new project.
Facilities & Assets
15,000 SF in a retail plaza with ample parking. Cardio and strength floor, free weights, turf area, group fitness studios, full locker rooms with showers, smoothie bar, pro shop, tanning and massage areas.
Support & Training
Seller will provide a transition period. The franchisor provides full training and ongoing support, subject to its approval of the buyer.
Market & Competition
The club competes on value. Membership starts at $24.99 a month, and members get amenities and network access that independent gyms and boutique studios in the trade area don't offer.
Growth Opportunities
Corporate wellness partnerships with the large healthcare and education employers nearby. Expanded personal and small-group training. Pushing premium membership tiers. More targeted local digital marketing.
Financing Options
Seller financing is available.SBA financing may be available to qualified buyers.
Business listed by
AcquiTrust Advisors
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