Franchise Gym - Great Location!

Not Disclosed, NJ
Monmouth County

Monmouth County

Asking Price: Annual Revenue:
$160,000 $451,547

Recreation: Gyms, Health & Fitness, Sports

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RE: Franchise Gym - Great Location! Broker: Daz Connell

Quick Facts

Asking Price: $160,000
Annual Revenue: $451,547
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 14
BBN Listing #: 15774955
Broker Reference #: 3402-17027

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Business Overview:

Very Popular Gym in Monmouth county that has it all.

Fantastic opportunity to own a modern fitness center. Now with Covid under control, membership is climbing again and the club will show growth. Staff is in place for an easy transition. This national franchise gym offers low cost memberships. Over 1,700 members provide solid monthly draft dues revenue.

Other revenue sources include: personal training, retail store and juice bar. The clubs feature strength circuits, personal training, an abundance of cardio, group classes, and a juice bar. All in a very clean and modern atmosphere that keep members engaged and motivated.

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Property Features and Assets:

The property is 10,200 square feet and opened in 2008. Common areas include an abundance of striped/asphalt parking and is well maintained by the Landlord. All equipment is up to date. Assets = $190,922

Market Competition and Expansion:

This location is well established and fits into a low cost category against the other competitors in the area. A Buyer with a strong passion for fitness experience will do great at this location. As people get more comfortable with living normal lives again the business will continue to grow.

Reason for Selling:

Owner is relocating back to home state.

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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