Franchise Gym Opportunity - Priced to Sell!

Not Disclosed, NJ
Bergen County

Asking Price: Annual Revenue:
$50,000 $688,026

Recreation: Gyms, Health & Fitness, Sports

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RE: Franchise Gym Opportunity - Priced to Sell! Broker: Daz Connell

Quick Facts

Asking Price: $50,000
Annual Revenue: $688,026
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $211,710
Real Estate: Not Disclosed
Year Established: 2010
Employees: 16
BBN Listing #: 51454955
Broker Reference #: 3402-15489

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Business Overview:

Very Popular Gym in affluent Bergen County that has it all. The equipment is top notch and the space is 15,000 square feet which includes a contemporary group fitness studio.

No expense has been spared! Great location and highly regarded. The gym is well established and monthly members take classes, personal and weight training, plus cardio and strength.

Don't miss this opportunity - PRICED TO SELL!

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Property Features and Assets:

High Visibility! This business has over 15,000 cars passing it daily. Great Location with over 15,000 square feet. Full Gym operation along with concession area and updated showers/locker room. Assets=$740,228

Market Competition and Expansion:

This is a mature market and the territory has multiple competitors competing for gym memberships. Absentee run business with management team in place. A hands-on owner will do very well at this location. More Personal Training classes will add sales on a weekly basis.

Reason for Selling:

Owner is absentee and no longer local to this busi

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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