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Businesses For Sale   >>   Health and Medical Businesses For Sale Categories   >>   

Care Home Business For Sale, Chiropractic Business For Sale, Dental Business For Sale, Fitness Center Business For Sale, Health Care Business For Sale, Health Club Business For Sale, Health Spa Business For Sale, Medical Business For Sale, Medical Clinic Business For Sale, Medical Practice Business For Sale, Medical Supply Business For Sale, Optical Business For Sale, Optometry Practice Business For Sale, Pharmacy Business For Sale, Skin Care Business For Sale, Weight Loss Center Business For Sale

Gym Fitness Center For Sale

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $50000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2012
Number of Employees  1 - 3
Inventory  $75,000 equipment & $1,500 inventory.
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The seller will remain after closing for 30 days and supply an appropriate training period.
Reason for Sale  The owner is relocating into an alternative industry out of the general area.
Description  Modern one year young Gym fitness center located in Morris County and conveniently located in Northern New Jersey. This successful gym provides their guests a healthy club with a clean, friendly, and non-intimidating atmosphere. The sale is due to owner's relocation to an alternative opportunity and has priced the sale below market value and less than the present value of the equipment. The owner will consider financing the sale to a qualified buyer with an appropriate down payment. This 4,500 sq ft facility has a full line of up to date fitness equipment in excellent condition and has approximately 200 members. The facility has newer equipment in additional to new locker rooms, showers and changing rooms. This gym offers private, semi-private, and group personal training and zumba, pilates as an option to all members to assist in meeting their fitness goals. They also have a separate juice and smoothie Caf which represents an additional income to the bottom line. The business is new and with on site ownership will develop a solid income return to the owner operator. Based on the asking price, required down payment and net income this business should supply a 25% return to the owner operator prior to debt service. This modern one year old facility consists of 4,500 square feet with new equipment, thirty foot ceilings, new lockers and shower rooms. The gym also has a separate room for dance classes, an attractive waiting area and lots of storage. The Fitness center is located on an active highway for customer convenience in Morris County, New Jersey. This general area consists of various affluent communities with a continued need for this particular personal service.
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