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Fitness Studio Asset Sale

Camden County, New Jersey

Asking Price: Gross: Cash Flow:
$49,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$250,000 ( not included in the asking price)

Inventory Value:
$2,000 (included in the asking price)

Business Summary:
LISTING ID # 36150Do you have a strong sales or marketing background and love fitness? Now is the time to BUY! The fitness industry has recovered and this is your opportunity to buy a franchised boutique fitness studio. The boutique fitness studio is a growing modality, providing all aspects of fitness – Spin, Strength and Yoga. The owners spent $900K to build this one-year-old, state-of-the-art fitness studio, but have been spread thin with other business interests. Steal this location for only $49K, or best reasonable offer! Keep the current franchise or bring in your own fitness concept. The sale price includes all furniture, fixtures and equipment – 24 bikes, strength equipment, AV equipment, separate space for spin, strength and yoga. There are several anchor stores in the shopping center! A new owner committing to 15-20 hours a week will benefit from significant cost savings and performance improvement. Currently there are two managers running the business. Eliminating one manager will save close to $50k annually. There are around 500 high end condos near by. An engaged owner can organize events to attract higher income clientele from the condominiums. There are 7.5 years left on the current lease. We are seeking a serious and financially qualified buyer with at least $110K in liquid funds to cover the $99K business asking price plus rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or [email protected] addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-36150 for instant access to this business information.

 
   
   
Number of Employees: 2 FT/5 PT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Other business  
 

 

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