Wholesale Fitness Equipment Distributor – New York / Florida
Price: $125,000
Location: New York
Industry: Wholesale and Distributors
Listing ID: 11142022
This business is a full-service distributor of gym and fitness equipment. Products include a wide range of traditional and connected equipment, as well as flooring, cast iron plates, sandbags, fitness worms, rubber hex dumbbells, medicine balls, weightlifting barbells, slam balls, apparel, and accessories. The business sales are both online and direct to gyms.
Since inception the business has established an excellent reputation for selling and servicing fitness products. The company previously started in New York City and currently operates out of Florida with plans to move the business back to NYC where they have an extensive client base. The business is open 5 days a week. It is priced to sell with a highly motivated owner. The Seller will provide hands on training to ensure a smooth transition.
• Asking Price: $125,000
• Annual Cash Flow: $60,000
• Gross Revenue: $180,000
• Inventory: $70,000
• Building Size: 300 Sq Ft
• Monthly Rent: $250
• Security Deposit: $500
• Down Payment: Negotiable
• Established: 2014
Reason for selling: Owner is pursuing other opportunities.
Listing Details
Gross Revenue: $180,000
Cash Flow: $60,000
FFE: $-3
Inventory: $70,000
Reason For Sale:
Seller is pursuing other opportunities
Operation
Year Established: 2014
Days & Hours of Operation: 5 Days week
Location
Security on Lease: 500
Monthly Rent: 250
Square Footage: 300
Summary
Potential Growth:
There is plenty of potential growth and expansion.