Nassau County High Volume Franchise Gym - Business for Sale
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Franchise Gym with 3,100+ Members in Nassau County, NY
NY, US
Added today
Fitness Gym
Absentee / Semi-Absentee
This is a franchise gym located in Nassau County, NY, operating in a 27,000 SF facility with over 3,100 active recurring members and managed by a full-time manager under absentee ownership.
Key Information
Asking
$549K
Revenue
$1.2M
Earnings
$220K
Multiple
2.5x
Key Highlights
- Over 3,100 active recurring members
- Approximately $76,000+ in recurring monthly membership collections
- Rent is $21,880 per month
- Facility size is 27,000 square feet
- Approximately $1,000,000 in fitness equipment included and owned free & clear
- Business is 100% absentee-owned with an experienced full-time manager in place
- New 5-year lease with an additional 5-year renewal option
- Insurance-funded renovations are currently underway
Contact Info
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