Newly Renovated Fitness Center
New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $92,500 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$50,000 (included in the asking price)
Inventory Value:
$1,000 (included in the asking price)
Business Summary:
ASSET SALE!! Beautiful, newly renovated for “women only” franchised fitness center located in an affluent town. Situated in a very high traffic area near a rail station with plenty of free parking out back. Furniture, Fixtures, & Equipment valued at $50,000 is included in the sale. Very reasonable rent of $2,818 which includes everything. The landlord will offer a good lease term with at least 3 options to qualified buyers. The certified personal trainers assist in weight training, nutrition and cardiovascular training. As part of the cardio training, People are introduced to interval training cardio which they should do 3 times per week, new owner should do some additional advertising & promotion through the franchise to help increase sales and profits. Annual sales are presently $205,000, one time transfer fee is $15,000 & 6% royalties to be paid the franchisor.
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| Year
Business was Established: 2012 |
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| Number of Employees:
5 |
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| Facilities / Terms of Lease:
1,100 Sq Ft facility. All Furniture, Fixtures & Equipment are in excellent condition since they’re 1 year or less old. Free Parking directly behind the building, the present owner has 2 years left on the 3 year lease with (3) three year option land lord will offer a long term lease with options to any qualified buyer. |
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| Potential
Growth/Expansion:
A new owner can do some additional advertising & also do some additional promotions through the existing franchise |
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| Competition:
There’s no direct competition for this “all women” fitness center in the immediate area. |
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| Owner
willing to train:
Up to two weeks |
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| Reason for selling:
Owner has several other business interests & cannot devote enough time to the business. |
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| REQUEST MORE INFO |
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