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Businesses For Sale   >>   New Jersey Businesses For Sale Categories   >>   

Fitness Center - Established & Profitable

Location  New Jersey,United States
Asking Price Range  $250K - $500K
Gross Revenues  $500000
Net Profit / Cash Flow  $150000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1998
Number of Employees  6 - 9
Inventory  250000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  The owner has great pride in what he has built and will give 4 weeks of hands-on training and on-going support as needed.
Reason for Sale  Out of State relocation.
Description  Exceptionally nice, well equipped, well established 11 year old Health Club/Gym for sale, has a large loyal membership base. Since 1998 this health club has been serving the fitness needs in this Morris County Community, located in a high income health conscious neighborhood. The business is currently operated under a very cost-effective and profitable model. Existing paid-for equipment is worth approximately $250,000. The club offers many amenities including a juice bar, personal training, and more. The club has a steady clientele with a strong EFT. Employing a third party billing company, this operation's records and books are readily available and all income is 100% verifiable! The facility is fully equipped with the most modern cardio and weight training equipment within the industry. To build a start up of this caliber would cost double the asking price if not more. Seller will thoroughly train new owner on this very easy to own and operate business
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