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High Profit Fitness Clubs For Sale
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3039000
Net Profit / Cash Flow $495000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2003
Number of Employees 10 - 19
Inventory 800000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owner will provide full training for a seamless transition.
Reason for Sale Relocation.
Description New Jersey Health Club chain of 4 clubs for sale. Established and all have positive cash flows. Perfect for any existing chain to expand into the rapidly growing New Jersey market or the individual who would like to benefit from a fantastic and lucrative industry. Immaculately maintained and shows like new! The cubs have a strong community following, with an excellent reputation for outstanding service. There are Thousands of current memberships and growing every day. In terms of operation and mechanics, these clubs run like well oiled machines. With a very high monthly EFT draft, very few paid in full memberships, solid contracts, low maintenance, great staff, excellent below market lease rate/terms, community support, and much more, this opportunity proves itself to be a sound investment. The facilities are very well staffed and all equipment is in perfect working condition. With excellent books and records all numbers will be easily verified. There are many amenities and profit centers already in place creating additional revenue other than memberships. Simply put, this is an amazing opportunity to capitalize and expand on an already thriving business. All interested parties must be Qualified providing a detailed Personal Financial Statement along with the completion of a J.P. Shannon & Associates Non Disclosure Form.
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