Business Overview:
Established in 2008 with a simple philosophy, a contemporary
fitness at an affordable price. This business has a yearly
income of $425,000 and a net income of $105,000. The center is able to accommodate a variety of services for every
member to choose from; allowing members to choose what
fits their budget in an attractive style atmosphere. When
developing the concepts they goal was to offer affordable
contemporary fitness for all ages and income levels. This
fitness Club appreciates and understands excellent customer
service and enjoys interacting with the general public. They
are a full service fitness center including 50 plus pieces of
various IPod compatible cardiovascular equipment, various
circuit training, strength training equipment and free weights.
Tanning and Juice Bar services from the Industry leader with
drastic pre negotiated discounts, proprietary personal
training for maximizing results. The business has a full line of
exercise apparel and accessories online ordering through
internet for streamline delivery. The sale includes a huge
selection of state of the art exercise equipment, including all
the required computer software and licenses to maintain this
business. The building has a legal capacity for 350 customers
consisting of 12,500 square feet. Substantial private mall
parking is at the site and part of the lease agreement. The
business is active seven days per week, hours 6:00 am to
10:00 pm. The sale includes a ten year lease term at a yearly
rent of $99,814. The business also has a full computer
system for billing & collection, management and camera
software for offsite monitoring, direct marketing system and e
marketing systems. This is a solid opportunity and an excellent purchase.
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:
The facility consists of 12,500 square feet with a capacity for 350 customers. The interior design is state of the art, modern with updated equipment. The business has various sections for different forms of exercise including private training. Located in an upscale community of Camden County, New Jersey and a large population with continued demand for this service. This facility is in a commercial mall on an active county road for easy access.
Market Competition and Expansion:
No other similar competitor fitness centers are located in this general area, seller will supply a non compete agreement for five years. The owner is presently absentee and with on site management and an improved marketing plan the business can be further developed.
Reason for Selling:
Absentee
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.