Modern Gym

Not Disclosed, NJ
Sussex County

Asking Price: Annual Revenue:
$99,000 $172,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Modern Gym Broker: Seller of Business

Quick Facts

Asking Price: $99,000
Annual Revenue: $172,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $99,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 15613909
Broker Reference #: FITN329

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Business Overview:

Modern three-year young fitness center, consist of 6,500 square feet, has been fully upgraded and located in Sussex County, Northern New Jersey. This business opportunity is projected to have a consistent and increasing 2021 gross income with a solid net yearly income to any new owner operator. The center is located on a state highway with thousands of drives by vehicles. The members gain 24/7 access to their state-of-the-art fitness facility with complete access to all the premium equipment, including treadmills, ellipticals, abdominals, free weights, total body exercise balls, and much more. They also offer a variety of membership options to help clients save money and stay motivated, including contract memberships, non-contract memberships, student summer programs, and more. U.S. health club industry revenues for 2019 totaled $22.4 billion. And industry analysts predict a steady growth in the demand for health, wellness, and fitness among all demographic groups-from Millennials to Baby Boomers. The club can provide members a one-stop-shop with everything from cardio to weight training, group classes to child sitting. Predictable monthly income from membership base. Multiple revenue centers available including Juice Bar, Personal Training and Group Fitness grow bottom line earnings. A flexible, manager run business is possible with a streamlined and simple set of operations. This is an excellent business opportunity and based on the asking price, required down payment and projected yearly net income, this business expects to supply a consistent return on investment to the owner prior to debt service.

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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 not a franchise resale opportunity.

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