Aggressively Priced Fitness Center For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $480000
Net Profit / Cash Flow $80000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Inventory 130000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Ample transition assistance will be provided to the buyer by the seller.
Reason for Sale Owner wants to concentrate on other family businesses.
Description Established Fitness Center for sale, located in Hunterdon County, New Jersey. This club is located on a major highway in a suburban community shopping center with plenty of parking for its members. The Center is spotlessly clean, well organized, and presents well to customer and prospective customers. The Center is open seven days a week and offers customers a broad array of fitness equipment. The equipment is high quality and very well maintained. This is an excellent opportunity to run a first-class Fitness Center at a great price in a functioning Center with an established membership base. Ideal small business opportunity with recurring monthly revenues for the fitness oriented entrepreneur. Steady EFT base with very little paid in full memberships. The owner is a partial absentee manager and would like to concentrate on other family businesses. Business is priced below market value for an aggressive and timely transfer of ownership. In addition, the owner may consider financing a portion depending upon terms and qualifications of buyer. This is a unique turnkey business which should not be overlooked!
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