MergerPlace

Fitness Franchise 3 Locations

New Jersey


  • Asking Price: $2,000,000
  • Gross Income: $3,126,976
  • Cash Flow: $1,012,827
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #209017
  • Established: 2008
  • Employees: 15 FT / 20 PT

Business Description

Well established Popular Franchise Health Clubs - 3 Locations. Profitable Discount Fitness Franchise offering a wide range of premium fitness options, amenities and workout experiences. Personal Training, classes and much more. Over 6000 active members and growing.
Stable business with solid client base in each location.

Over $3,000,000 in annual sales with approx $1,000,000 in seller benefit.

Newer equipment and very well maintained facilities.

Managers in place so it is truly a turn key opportunity.

Priced to sell @ $2,000,000.


Business Details

Primary Business Category: Services - Other Services
Location: New Jersey

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15 FT / 20 PT

Financial Information

Asking Price: $2,000,000
Gross Revenue: $3,126,976
Cash Flow: $1,012,827
Seller Financing Available: Yes

Property Information

Facilities:

Retail locations with great visibility. Site range from 11,000 to over 14,000 sq ft.

Growth & expansion opportunities:

Additional local marketing will help grow the business.

Competition:

The fitness industry is extremely competitive. These locations has competed against other brands entering the market and are extremely stable. Popular brand, discount pricing and state of the art equipment in a clean and welcoming environment.

Reason for selling:

The owner must sell due Health issues.

Support & Training:

Will train for 4 weeks @ no cost

Contact Business Seller

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Business Listed By:

Russell Miller

Murphy Business Brokers