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Personal Fitness Gym for Women

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$110,000 $177,000 $87,450

Furniture and Fixtures Value:
$40,000 (included in the asking price)

Inventory Value:
$300 (included in the asking price)

Business Summary:
A unique full service fitness gym for women of all ages and fitness levels. Well established business, located on the main street in a busy town center. Services include One-On-One Personal Training, Total Body Express Workouts, Cardio Training, Free Weights, Nutritional Guidance, and Monthly Progress Analysis. At this gym, you receive personal attention by certified female personal trainers who have the skills and knowledge to motivate, and energize their clients to achieve their goals. Workouts are customized for each person and the all women staff provides a very comfortable, non-intimidating environment. There are separate rooms for the various workout programs, including a private room for individual personal training and changing area. This is a turn key operation with state of the art equipment that can easily be expanded with additional trainers. The owner has limited the hours spent in the business for personal family reasons so the growth potential is there for the new owner who has the energy and drive to take the business to another level. There has been a consistent membership level and a high retention rate. Free parking. Price includes an estimated $40,000 in equipment, TV’s and fixtures. Seller is very motivated and business is priced to sell. For further information, please contact 908-851-9040 Ext. 277.

 
   
   
Year Business was Established: 2003
   
Number of Employees: 1FT, 2PT  
   
Facilities / Terms of Lease: 1,780 sq. ft. located on the second floor. Separate rooms for personal training, free weights and cardiovascular workouts; state of the art equipment includes TV’s; parking lot + street parking.  
   
Potential Growth/Expansion: Increase number of personal trainers.  
   
Competition: Various fitness centers in the market  
   
Owner willing to train: 3-4 weeks; owner willing to work in the business.  
   
Reason for selling: Personal family matter  
 

 

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