MergerPlace

Franchised Fitness Center - Over $1MM

Delaware


  • Asking Price: $750,000
  • Gross Income: $1,118,607
  • Cash Flow: $393,115
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $603,363
  • Listing ID: #208844
  • Established: 2008
  • Employees: 15 FT / 1 PT

Business Description

Well established Popular Franchise Health Club in central NJ. Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities, and workout experiences. Personal Training, classes and much more. Over 2300 active members and growing. Stable business with solid client base. Over $1,100,000 in annual sales with very good cash flow. Newer equipment and well maintained facility. Managers in place so it is truly a turn key opportunity. Priced to sell at $750K.


Business Details

Primary Business Category: Services - Other Services
Location: Delaware

Company Information

Year Established: 2008
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 15 FT / 1 PT

Financial Information

Asking Price: $750,000
Gross Revenue: $1,118,607
Cash Flow: $393,115
FF&E: $603,363
Seller Financing Available: Yes

Property Information

Facilities:

Over 11,000 sq ft in large retail strip center with strong visibility on major Highway. Options for long term lease.

Growth & expansion opportunities:

Additional local marketing and advertising will increase membership.

Competition:

All of the major brands are in the market already. Low risk high reward potential with popular brand and large membership.

Reason for selling:

Health Concerns.

Support & Training:

Will train for 2 weeks @ no cost Franchisor and Landlord approval are required. No prior experience necessary. Multi unit executive model or owner operator and both options - ask for details.

Contact Business Seller

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Business Listed By:

Russell Miller

Murphy Business Brokers