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Co-Ed Fitness Center

Bergen County, New Jersey

Asking Price: Gross: Cash Flow:
$159,000 $225,000 $96,000

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Business Summary:
Highly profitable modern fitness center in southern Bergen County. Located in corporate complex in the heart of the Meadowlands. 500 members 90% EFT. Neighboring local residential communities. Superior Cardiovascular and strength training equipment, Boxing Room and Group Exercise. Expert trainers. Features juice bar cafee. Family style atmosphere with well established clientele. Visits by appointment only. For further information please contact Elayne Stanback McClaine at 908-851-9040 Ext. 266.

 
   
   
Year Business was Established: 2005
   
Number of Employees: 2  
   
Potential Growth/Expansion: 2,000 additional sq. ft. available from Landlord  
   
Competition: None  
   
Owner willing to finance: Prime + 2%, 3-5 years  
   
Owner willing to train: Owners available to train and provide continuity  
   
Reason for selling: Early retirement  
 

 

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