Business For Sale

Franchised Fitness Center-Great Location

Not Disclosed, DE

Asking Price: Annual Revenue:
$750,000 $1,118,607

Recreation: Gyms, Health & Fitness, Sports

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RE: Franchised Fitness Center-Great Location Broker: Russell Miller
Owner Financing is Available!
$700,000 down/$50,000 for 36 mos. @ 5% Seller financing is contingent on full sale price

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,118,607
Net Profit: Not Disclosed
Cash Flow: $393,115
Total Debt: Not Disclosed
FF&E: $603,363
Real Estate: Not Disclosed
Year Established: 2008
Employees: 16
BBN Listing #: 82904955
Broker Reference #: 3401-14283

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Business Overview:

Well established Popular Franchise Health Club in central NJ.

Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities, and workout experiences. Personal Training, classes and much more.

Over 2000 active members and growing.

Stable business with solid client base. Strong annual sales with very good cash flow.

Newer equipment and well maintained facility. Managers in place so it is truly a turn key opportunity. Priced to sell at $750K.

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Property Features and Assets:

Over 11,000 sq ft in large retail strip center with strong visibility on major Highway. Options for long term lease. Assets= $1,273,446

Market Competition and Expansion:

All of the major brands are in the market already. Low risk high reward potential with popular brand and large membership. Additional local marketing and advertising will increase membership.

Reason for Selling:

Health Concerns.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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