Business Overview:
Well established and profitable franchised Women’s Only Fitness Facility located in Monmouth County. Prime location on a major commuter highway in the heart of a heavily trafficked retail corridor. Turn key operation with hundreds of members and continually growing. The current owner has spent a great deal of time and money to renovate and modernize this business establishing it for future growth. Current owner will assist in transfer and retention of clients. Seller will help train new owner to insure a seamless transition. Additional profit centers could be added (juice bar, physical therapy, massage, etc.). This a very attractive opportunity to buy an established business with growth potential. All financials are verifiable via franchise, bank statements, and tax returns. Reasonably priced listed below market value. This is a Very attractive opportunity to buy an established business. Seller is motivated, easy to work with, and will finance 50% @ 6%.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Prime location on a major commuter highway in the heart of a heavily trafficked retail corridor. All equipment is professionally maintained and serviced. The current owner has spent a great deal of time and money to renovate and modernize this business establishing it for future growth. Extremely great lease terms with landlord who is very easy to work with.
Market Competition and Expansion:
Fitness Franchises are the hottest trend in franchising and has shown an steady increase for the past three years and expected to rise by an additional 300% by 2010. Studies show that fitness centers, primarily gender specific franchised businesses are not adversely affected by the current economic climate.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.