Profitable Fitness Center Franchise

Not Disclosed, NJ

Asking Price: Annual Revenue:
$299,000 $686,848

Recreation: Gyms, Health & Fitness, Sports

Request More Information
Contact the Seller

RE: Profitable Fitness Center Franchise Broker: Vipin Singh
Owner Financing is Available!
$249,000 down/$50,000 over 36 mos. @ 5%.

Quick Facts

Asking Price: $299,000
Annual Revenue: $686,848
Net Profit: Not Disclosed
Cash Flow: $110,829
Total Debt: Not Disclosed
FF&E: $657,143
Real Estate: Not Disclosed
Year Established: 2015
Employees: 20
BBN Listing #: 17384955
Broker Reference #: 3409-16784

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

Significant growth opportunity!

This franchise fitness center with more than 1,600 active members located in a busy community center in Central Jersey generated more than $1 million in annual revenue before COVID and has grown its revenue in 2021 compared to 2020. The business comes with more than $700k in assets and leasehold improvements.

It has a dedicated full-time manager and more than 20 part-time employees in the team. Setting up a new franchise is estimated to cost $1.5 million, while this opportunity is available for less than one-fifth of that price tag.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business is located in a 18,000 square feet facility in one of the busiest residential and commercial areas of Central New Jersey. The location has several other big box brands driving foot traffic and vehicular traffic in the area. Therefore, there is plenty of parking available for members. The new owner will inherit close to $200k in leasehold improvements, including a turf room and strong room. The new owner will need approval from the landlord and sign a new lease. The current lease, due to expire in 2023. Assets = $767,143.

Market Competition and Expansion:

It is a well-established fitness franchise with a strong reputation. However, the business faces competition from other large clubs, independent personal trainers and smaller fitness businesses. Business is poised for growth post-COVID, and it can grow further with investment in recommended upgrades, plus more focus on personal training revenue and better customer experience. This is a unique opportunity to invest in the $33 Billion Gym, Health, and Fitness Clubs industry (Source: IBISWorld December 2018) for a fraction of the cost of opening a new club!

Reason for Selling:

Current owners have various business interests

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 a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!