Popular Fitness Center

Not Disclosed, NJ
Morris County

Asking Price: Annual Revenue:
$475,000 $800,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Popular Fitness Center Broker: Seller of Business

Quick Facts

Asking Price: $475,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $185,000
Total Debt: Not Disclosed
FF&E: $285,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 37643909
Broker Reference #: FITN318

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Business Overview:

Super opportunity for this newly built supersized, 24,429 square foot, fully equipped modern fitness center / with a substantial projected net yearly income to the owner operator. This state-of-the-art modern facility offers every possible service in the fitness industry. The business presently has approximately 2,000 active members and continues to enroll new registered contract members and expected to substantially increase its growth within the next few months. The build out cost, high quality equipment represents a substantial investment which will result in an excellent and continued cash flow to the owner operator. This franchise name and brand has been one of the top leaders in the fitness industry for over 35 years. With 300 licensees in 39 states, the franchise has continued to steadily gain global attention by expanding into 17 different countries worldwide. The franchise name and logo provide its gyms instant recognition and credibility associated with an internationally registered trademark and service mark symbolic with quality in the health and fitness industry. Today, this franchise is in the midst of tremendous growth and expansion. One reason for this surge in membership and facilities has been the gym’s ability to not only accommodate the conditioned market, but to also attract mainstream consumers and fitness enthusiast by providing excellent fitness facilities. The famous logo is a sign of credibility across the country and is a testament of where this company began. The gym trademark is associated with service and quality and is apparent throughout each facility that opens its doors to over 1.5 million dedicated members.

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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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