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Gym And Fitness Center-Bargain For First Buyer! For Sale

Northern New Jersey, New Jersey
Asking Price:
$250,000 (USD)
Sales Revenue:
$897,872 (USD)
Cash Flow:
$111,933 (USD)

This gym has been providing quality programs & services with superior facilities as a full service personal training gym in and around the Northern New Jersey area. Whatever you're looking for in a health and fitness business, you'll find it here. This is full service fitness center combines a full range of fitness and exercise equipment and facilities with professional trainers, personally tailored programs, and group health and fitness classes. This business is a compelling opportunity and won’t last long.

Property information

Real Estate:

Lease

Location:

The location is 7,000 square feet setup for customized training programs and classes setup for this exclusive membership. There is an opportunity to expand at the current location. Very affluent area and is easily located from all major roads in the county.

Size in square feet:
7,000

Business Operation

Expansion Potential:

Ready for an expansion and has room to grow! The business is very profitable so cash flow is there to fund it. This branded concept can be expanded to other locations in the region. A new owner looking to get into the fitness industry does not look to any further!

Competition / Market:

There are "big box" franchise gyms in the areas but none that specialize in customized one on one training like this gym offers.

Reasons for selling:

The owner is relocating out of state but will stay on to transition the business to the new owner.

Trading hours:

Mon/Wed 5am-9pm; Tues/Thurs/Fri 5am-8pm; Sat 7-1

Employees:
1 FT/ 21 PT
Years established:
5

Other Information

Support & training:

Will train for 2 weeks @ no cost.
The product offered at this gym is personalized service- one on one and small class training programs. Boot camp, weight loss, Pilates, boxing, and other popular classes with top notch trainers. The new owner will inherit a very loyal and stable clientele to build-on.

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