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Business For Sale

Curves

Not Disclosed, NJ, USA

Recreation: Sports, Exercise, Gyms

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$55,000
Not Disclosed
Not Disclosed
$52,526
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2002
2
86992979
Owner Financing is Available
$15,000 note at 5% interest payable over 3 years.

Business for Sale Overview:

Well established, successful Curves franchise located on a high traffic main street in town. Business has a very loyal clientele of 220 clients with a high retention rate. Owner has installed Curves Smart, an electronic performance tracking system, to enhance the customer experience. Facility is spacious and clean with the equipment well maintained. Ample parking is available. Owner recently had a second child and is currently paying a manager in addition to the part timer so she can spend more time at home and is working only 10 hours per week. Cash flow has been adjusted for an owner operator working a 40 hour week saving an additional $25,000 in payroll. (See Other Income) Business is priced to sell with the equipment at no cost to the buyer. Owner is very motivated. Business is offered at $55,000, with a down payment of only $40,000 which is less than one year cash flow with the current staff in place, and owner will finance the balance over three years. Buyer responsible to pay a $2,000 transfer fee. For further information, please contact 908-851-9040 Ext. 277.

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.

Market Competition and Expansion:

Competition - Franchise has exclusive for a 4 mile radius.

Reason for Selling:

Owner recently had second child.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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