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Business For Sale

Upscale Sports Club

Monmouth County, NJ, USA

Recreation: Sports, Exercise, Gyms

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,250,000
$700,000
$400,000
$50,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1998
19
24927749

Business for Sale Overview:

Brand new sports club in very busy upscale area of central NJ. Consistent steady growth of 3.24%, 71 new members per month. Average monthly revenue $57,000 plus All equipment owned ($280,000 value). 1,100 plus active members. Weight Loss programs available, Personal Trainers on staff. Multiple membership levels range from $40-60 per month. Owner willing to consider holding note if 50% of purchase price is put down. This place must be seen to be truly appreciated!

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:

Completely brand new 14,000 square feet facility, brand new equipment (owned), full service spa under construction (opening late Summer). Childcare services provided to members during workout.

Market Competition and Expansion:

Relationships/contracts with multiple local businesses attract new members. Cafe on site for food sales and additional consumables (average $10,000 per monthly). Minimal competition from other gyms in 10 mile radius is minimal (others are low budget / low value clubs). Location secure (coding/variance regulations prohibit other gyms/spas).

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 not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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