Premier Health Club- Price Reduced

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$999,000 $2,423,422

Recreation: Gyms, Health & Fitness, Sports

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RE: Premier Health Club- Price Reduced Broker: Russell Miller

Quick Facts

Asking Price: $999,000
Annual Revenue: $2,423,422
Net Profit: Not Disclosed
Cash Flow: $438,972
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2000
Employees: 68
BBN Listing #: 88564955
Broker Reference #: 3401-15189

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Business Overview:

Price Reduced!

Premier 34,000 sq. ft. Full-Service Fitness Center with $2.4 MM Sales.
Multi-million $$$ build out with the best available equipment. Services provided include group exercise, group training, personal training and kids club. Plus juice bar, lockers and showers.

This is not a franchise and memberships are mid-price point. Annual draft dues average $1.8 MM. Personal training averages $500K.
This business will require rebranding after the sale.

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Property Features and Assets:

33,996 square feet facility in desirable Bergen County town.

Market Competition and Expansion:

Social media. Limited competition in immediate area. Additional marketing and promotion.

Reason for Selling:

Strategic Plan.

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.

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