Fitness Center
Union County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $39,500 |
$100,000 |
$40,000 |
Furniture and Fixtures Value:
$25,000 (included in the asking price)
Inventory Value:
$500 (included in the asking price)
Business Summary:
Ladies fitness center has computerized smart system (cost $10,000) + $15,000-$20,000 additional furniture, fixtures, and equipment. Landlord will give buyer a good lease, currently month to month. Has 160 active members and 20 new members coming in. Therefore, sales projected for 2011 = $100,000. Store run semi-absentee. $15,000 of wages to employees added back to profit to adjust back to profit to adjust for an owner/operator. For further information please contact Howard Goldberg at 908-851-9040 Ext. 209.
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| Year
Business was Established: 2002 |
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| Number of Employees:
2PT |
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| Facilities / Terms of Lease:
2,600 sq. ft., lot parking in nice condition |
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| Owner
willing to finance:
2-3 years at Prime + 2% |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Seller also a banker and has small children - too much to handle |
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| REQUEST MORE INFO |
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