Gym / Spa / Health Club
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $600000
Net Profit / Cash Flow $47000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1998
Number of Employees 10 - 19
Inventory 300000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Description Brand new sports club for sale in very busy upscale area of central NJ. Consistent steady growth percentage every month. Average of nearly 75 new members per month. Average monthly revenue almost $50,000. All equipment is brand new and owned outright with a value of over $280,000. Over 1,000 active members. Multiple membership levels range from $40-60 per month.
Various classes held regularly include: Spinning, Yoga, Cardio, Zumba, Stepping, Kickboxing, Abs, Pilates, and many more. Childcare services are provided to members during their workouts. On-site cafe provides food, supplements, and other consumables.
Full service spa is under construction and slotted for completion toward the end of this summer. An amazing additional revenue stream is expected upon completion of this section of the facility.
No competition from other gyms or health clubs. The closest health clubs are several miles away and are not like this one (they are the low-budget/low-value clubs that cater to teenagers and lower income brackets).
This place must be seen to be truly appreciated! Steadily increasing profits and membership, plus the anticipated revenue after Spa is finished, will result in outstanding profits in this location. The price is a steal and the owner is willing to consider holding a note for a portion of the purchase price.
Contact us for additional details. Do not hesitate. We do not expect this to last long!
Click Here To Contact Seller
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