Business Overview:
A rare opportunity to purchase a growing nationally franchised Fitness Center in Cumberland County, New Jersey - without all of the initial startup costs and concerns! The 2022 projected revenues are estimated to be in excess of $1.472M with an owner benefit of $454K, which represents a 37% increase in owner benefit! 2022 revenues have already exceeded $1.104M with an owner benefit of $341K. 2021 revenues reached $1.370M and owner benefit was over $331K. This indicates that revenues and owner benefit are continuously recovering to pre-COVID levels; 2019 revenues exceeded $1.673M and owner benefit was over $504K. A well-established business embedded in the community with a track record of positive growth year on year. This facility is equipped with the highest quality gym equipment, which has been meticulously maintained - A $375K value generously included in the purchase price. In addition, there is an opportunity for a new owner to take this club to the next level by expanding the personal training programs. Entrepreneur ranked this franchise #1 among fitness franchises and #2 among all companies - higher than any fast food chain (isn’t that appropriate?). Join one of the world’s largest fitness franchises with a solid reputation - Contact us now to learn more about how you can fulfill your own fitness and business ownership dreams!
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Reason for Selling:
Other Business Interest
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.
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