Affluent Fitness Center
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $32,500 |
$82,944 |
$12,762 |
Furniture and Fixtures Value:
$32,000 (included in the asking price)
Business Summary:
Women’s physical fitness franchise located in wealth and expensive area of Essex County. Present detriment here is that location is not at street level and is not visible from major avenue where place is located. New Buyer would have to take over franchised operation and move to a visible street level location with parking and revitalization will come along with change in location. Presently, unless you know it is there you will never spot it. By making this move, gross volume and new customers count will double. Most of that amount would be in the form of profit as all other expenses except for royalties are fixed. New profit would be well above $75,000.00. This can be accomplished in first year after moving with continued growth afterwards. At present, has 150 members, franchise territory is the best in Essex County. Movements a must as there are better empty locations to move in to now. For further information please contact Vito Mastromonaco at 908-851-9040 Ext. 285.
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| Year
Business was Established: 2002 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
1,395 sq. ft. facility on second floor in mall setting with ample parking. New equipment, month to month tenancy |
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| Potential
Growth/Expansion:
Moving month to month tenancy; that fitness center has at present time. New location should have street visibility – first floor with parking – sales will spiral upward |
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| Competition:
Unique among fitness centers as franchise ensures there is no competing outlets in same township |
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| Owner
willing to finance:
Owner would like to buy out - no financing |
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| Owner
willing to train:
As necessary |
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| Reason for selling:
Owner would like to move on |
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| REQUEST MORE INFO |
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