Complete Fitness Center
Morris County, New Jersey
Asking Price: |
Gross: |
Cash Flow: |
$125,000 |
$42,000 |
$14,510 |
Furniture and Fixtures Value:
$195,000 (included in the asking price)
Business Summary:
Newly established non-franchise modern fitness center located in one of Morris Town’s most prestigious areas on a major county road. The center consists of 850sq.ft and is fully equipped with all of the necessary amenities for a successful gym business. The current owner build out cost was approximately $195,000 I order to provide the best possible equipment and professional layout. The center is spotlessly clean and well organized. The equipment is high quality and is well maintained. It is presently open 7 days/wk. Everything is included and is in new condition. This is a perfect opportunity for a personal trainer or fitness enthusiast. Owner will consider financing a portion depending upon terms and qualifications of the buyer. Owner will provided transitional training and support. Business presently lacks sales and marketing. This is an excellent opportunity to run a first-class fitness center at a great price in functioning center with an established membership base. For further information, please contact Gene Reilly at 908-851-9040 Ext 293
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Year
Business was Established: 2008 |
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Facilities / Terms of Lease:
Newly established non-franchise modern fitness center located in one of Morris Town's most prestigious areas on a major county road. The center consists of 850 sq. ft. and is fully equipped with all of the necessary amenities for a successful gym business. The current owner build out cost was approximately $195,000 in order to provide the best possible equipment and professional layout. This is an asset sale. |
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Potential
Growth/Expansion:
Needs sales and marketing to grow business |
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Owner
willing to finance:
Prime + 2% |
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Owner
willing to train:
Owner will provide transitional training and support for minimum of 2 weeks |
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Reason for selling:
Other business interest |
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REQUEST MORE INFO |
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