Non-Franchise Gym

Not Disclosed, NJ
Burlington County

Highly active commercial Mall

Asking Price: Annual Revenue:
$295,000 $258,562

Recreation: Gyms, Health & Fitness, Sports

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RE: Non-Franchise Gym Broker: Customer Service
Owner Financing is Available!
Seller financing is available to a qualified buyer with an appropriate down payment, collateral, and credit rating.

Quick Facts

Asking Price: $295,000
Annual Revenue: $258,562
Net Profit: $90,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 6
BBN Listing #: 55983909
Broker Reference #: FITN338

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Business Overview:

Modern attractive independent non franchise fitness center located in a wonderful area of Burlington County, New Jersey. The company had gross sales of $446,152 and a consistent net yearly income and expects an increase in the following 2022 year. Even during times of economic challenges, the fitness center industry remains strong. In fact, U.S. health club industry revenues for 2013 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. Predictable monthly income from membership base, multiple revenue centers including Juice Bar, Personal Training and Group Fitness grow bottom line earnings. A flexible, manager run business with a streamlined and simple set of operations. Ideal for a high value, low-cost gym concept. This is an excellent business opportunity.

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Property Features and Assets:

The facility consists of 11,000 square feet, 1271 members, with a modern professional appearance and the business is located in a commercial mall for customer convenience. This opportunity is located in Southern New Jersey, which consists of various highly populated communities with continued demand for this particular service.

Market Competition and Expansion:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Reason for Selling:

Absentee owner.

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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