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Business For Sale

Fitness Center/Gym

Essex County, NJ

Services: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$125,000
$225,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
5
13632979
Owner Financing is Available!
seller financing 5 years at prime plus (2)

Business Overview:

Great opportunity for an owner operator! This fitness center is run absentee and needs a hands on owner operator. Currently there are approximately 600 plus members. The Real Estate is accessed by the township at $650,000 and the equipment is valued at approximately $100,000. This is an Asset Sale. The seller prefers to sell the business and Real Estate together however will consider the sale of the business only for $125,000 and will give a lease with a option to buy the Real Estate. Service include: free weights, full cardio deck with TV’s, selective training circuit, personal training, tanning beds and massage, daily aerobic classes, kick boxing classes, lockers and showers, swimming pool and lessons, Jacuzzi and steam room, lounge area and juice bar, pool parties and kids fitness.

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:

Free standing building with approximately 6,900 square feet on (4) floors includes a swimming pool, free weights, Jacuzzi, steam room, lounge area and juice bar, lockers and showers, tanning beds and massage.

Reason for Selling:

retiring

Additional Details:

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

Resources: