Fitness Center/Gym
Essex County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $690,000 |
$225,000 |
Undisclosed |
Furniture and Fixtures Value:
$125,000 (included in the asking price)
Inventory Value:
$2,000 ( not included in the asking price)
Real Estate:
$125,000 (included in the asking price)
Business Summary:
Great opportunity for an owner operator! This fitness center is run absentee and needs a hands on owner operator. Currently there are approximately 600+ members. The Real Estate is accessed by the township at $650,000 and the equipment is valued at approximately $100,000. This is an Asset Sale. The seller prefers to sell the business and Real Estate together however will consider the sale of the business only for $95,000 with $50,000 down and will give a lease with a option to buy the Real Estate. Service include: free weights, full cardio deck w/ TV s, selective training circuit, personal training, tanning beds and massage, daily aerobic classes, kick boxing classes, lockers and showers, swimming pool and lessons, Jacuzzi and steam room, lounge area and juice bar, pool parties and kids fitness. For further information, please contact 908-851-9040 and ask to speak with Larry Bodner at Ext 217.
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| Year
Business was Established: 1983 |
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| Number of Employees:
2FT/3PT |
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| Facilities / Terms of Lease:
Free standing building with approximately 6900 square feet on (4) floors includes a swimming pool, free weights, Jacuzzi, steam room, lounge area and juice bar, lockers and showers, tanning beds and massage. |
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| Owner
willing to train:
Seller will stay to train |
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| Reason for selling:
retiring |
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| REQUEST MORE INFO |
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