Successful Gym- 3,000 Members!

Not Disclosed, NJ
Bergen County

Bergen County

Asking Price: Annual Revenue:
$199,000 $199,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Successful Gym- 3,000 Members! Broker: Daz Conell

Quick Facts

Asking Price: $199,000
Annual Revenue: $199,000
Net Profit: Not Disclosed
Cash Flow: $73,473
Total Debt: Not Disclosed
FF&E: $1,461,667
Real Estate: Not Disclosed
Year Established: 2006
Employees: 21
BBN Listing #: 5394955
Broker Reference #: 3402-15512

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Business Overview:

Franchise gym opportunity with approximately 3,000 members. 15,000 square ft. gym with revenue coming from monthly members, training, classes and full service juice bar. The build out and equipment alone is worth approximately $1 million. Priced to Sell- very popular franchise brand!

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Property Features and Assets:

15,000 square feet gym with classroom studio, spin studio, juice bar, offices and much more... Very large parking lot with supporting businesses in strip center setting. Assets= $1,461,667

Market Competition and Expansion:

Northern New Jersey is a very mature market so competition has been in place for a couple years now. This business is well established with a great reputation in their territory. They draw from surrounding towns and are the only 24/7 gym in the market. Franchise Brand is doing a huge marketing program for 2020 that all franchisees will benefit from going forward. Personal Training is a small part of the business but can be grown substantially with a new owner.

Reason for Selling:

Ownership is retiring.

Additional Details:

  • The property is owned.
  • 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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