Absentee owner - Botique Fitness Studio

Not Disclosed, NJ
Middlesex County


Asking Price: Annual Revenue:
$350,000 $310,538

Recreation: Gyms, Health & Fitness, Sports


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RE: Absentee owner - Botique Fitness Studio Broker: Steve Zimmerman

Quick Facts

Asking Price: $350,000
Annual Revenue: $310,538
Net Profit: Not Disclosed
Cash Flow: $127,691
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 5
BBN Listing #: 439650121
Broker Reference #: 6301-548390

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Business Overview:

This is an excellent opportunity to acquire a turn-key fitness studio in Middlesex County. The build out for this studio was completed in late 2018 and looks brand new.

This 4,000 square foot studio is one of four health-related businesses located in an industrial warehouse space in Middlesex County. The space includes a large studio, reception area, offices, bathrooms, showers and a storage area for extra equipment and supplies. All equipment, much of which has had only light usage, is included in the asking price. A complete list is available upon request.

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Property Features and Assets:

4000 square foot commercial warehouse building with excellent rent Built brand new in November 2018. 400 plus members signed.

Market Competition and Expansion:

Membership grows steadily each month.

Reason for Selling:

Relocation

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.

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