Property Details

Beautiful Fitness Center - Monroe County

Property ID : WSD24.296

For Sale, Lease $398,950.00 - Fitness Center

DESCRIPTION:

  • A Beautiful Franchise Fitness Center that offers personal training and a variety of classes and events.
  • Established in 2017 by the current owner.
  • Located in an affluent suburb East of Rochester, NY.
  • 1,820 square foot facility with ample parking.
  • It has a healthy member base with recurring monthly revenue
  • This location has restrooms, offices and a small retail store areas
  • This is an easy to run operation that is fully staffed with convenient hours.
  • It is currently open 7 days a week with a total of 54 hours

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):

  • Furniture, Fixtures and Equipment at a fair Market Installed Value of $ 30,000
  • Inventory at cost of $ 7,000.

 LEASE ARRANGEMENTS:

  • Base Rent is $ 3,283.58/month plus approximately $ 2,600 in additional Triple Net costs
  • The Current Lease expires on June 2027

SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):

  • Sales: 2021 – $ 452,333    2020 – $ 420,447     2019 – $ 515,210
  • SDE:   2021 – $ 122,271    2020 – $ 123,070      2019 – $ 155,646

 PRICE/FINANCING:

  • The asking price is $ 398,950   Some Seller financing is available to a well-qualified Buyer

 COMMENTS:

  • This is a great opportunity for a Personal Trainer, or Sports Enthusiast to own a very reputable and profitable business.  A very nice semi-absentee owner opportunity.
  • Higher revenues can be obtained by offering more personal training sessions and classes, and longer hours.
  • Business can benefit with more local advertising and marketing.

Agent Stephen DiPaolo

  • Office : 585-247-4750

Stephen DiPaolo was the owner of Aries Precision Products in Rochester NY for 22 years,…
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