Curves
North Jersey, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $55,000 |
$121,658 |
$52,526 |
Furniture and Fixtures Value:
$22,300 (included in the asking price)
Business Summary:
Well established, successful Curves franchise located on a high traffic main street in town. Business has a very loyal clientele of 220 clients with a high retention rate. Owner has installed Curves Smart, an electronic performance tracking system, to enhance the customer experience. Facility is spacious and clean with the equipment well maintained. Ample parking is available. Owner recently had a second child and is currently paying a manager in addition to the part timer so she can spend more time at home and is working only 10 hours per week. Cash flow has been adjusted for an owner operator working a 40 hour week saving an additional $25,000 in payroll. (See Other Income) Business is priced to sell with the equipment at no cost to the buyer. Owner is very motivated. Business is offered at $55,000, with a down payment of only $40,000 which is less than one year cash flow with the current staff in place, and owner will finance the balance over three years. Buyer responsible to pay a $2,000 transfer fee. For further information, please contact 908-851-9040 Ext. 277.
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| Year
Business was Established: 2002 |
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| Number of Employees:
1FT/1PT |
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| Facilities / Terms of Lease:
1,560 sq. ft. with ample parking, 3 years left on current lease with 5 year option equipment and studio are in very good condition. |
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| Competition:
Franchise has exclusive for a 4 mile radius. |
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| Owner
willing to finance:
15,000 note at 5% interest payable over 3 years |
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| Owner
willing to train:
Seller will assist for several weeks during the transition. |
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| Reason for selling:
Owner recently had second child. |
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| REQUEST MORE INFO |
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