3337es General Services
sussex, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$135,000 |
$344,379 |
$75,523 |
Furniture and Fixtures Value:
$80,000 (included in the asking price)
Inventory Value:
$0 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
$40,000 will get you a successful, established business in an upscale suburban community. Modern exercise studio features Pilates Reformer, only Pilates in area. Membership is sold as packages costing from $450-$3,000+for 4-7 months. Also, studio empashizes one-on-one training and strong support to inspire motivation and continuity. Over 150 current members and 225 inactive members. Large, sunny street level location with room to increase sales of accessories, clothing, food, and drinks. Seller is willing to stay on as trainer and/or manager. Partnership is dissolving due to partner's family obligations. Wonderful opportunity to own a business promoting good health and an uplifting environment. Call Elissa Sce, Executive Business Brokers, 201-281-8702.
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Year
Business was Established: 2005 |
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Number of Employees:
14pt 2pt |
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Facilities / Terms of Lease:
Beautiful, modern exercise center on ground level of mini suburban mall. Facility was constructed a year ago. 3,500 square feet with office, group class room, "Pilates Reformer" room, main exercise room and reception area. 36 spaces of parking. Lease has 4 years left with option to review. |
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Potential
Growth/Expansion:
More emphasis on accessories, clothing, drinks, skin products. |
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Competition:
only Pilates Studio in area - older exercise gym in area. |
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Owner
willing to finance:
Yes - with $40,000 down, balance of $115,000 payable over 4.5 years at 8%. |
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Owner
willing to train:
Seller will be happy to stay on as a trainer and/or manager. |
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Reason for selling:
Partner has small children and cannot work hours. Partnership is dissolving. |
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REQUEST MORE INFO |
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