MergerPlace

Fitness Studio

New Jersey (Essex)


  • Asking Price: $39,000
  • Gross Income: $127,767
  • Cash Flow: $4,241
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $20,000
  • Listing ID: #212524
  • Established: 2011
  • Employees:

Business Description

Trainers - Own your own Studio!! Turn-Key! Priced for Immediate Sale - NOW only $39,000!!

Whatever you're looking for in a health and fitness business, you'll find it here. This full service fitness center combines a full range of fitness and exercise equipment and facilities with professional trainers, personally tailored programs.

Well established fitness studio with dedicated client base and substantial room for growth. The facility is only being use as a personal training studio but could be used for much more adding to the client base and sales volume. Small group Yoga, Pilates, strength training and even hosting a fitness party.

This is a turn-key active fitness studio with over $40,000 in equipment and fixtures. It is ready to grow. The business has 2 trainers and very active customers. Studio could offer monthly sub-leases and cover up to 75% of rent.

This fitness studio just needs some marketing and someone to add workshops, rentals and it could be a great investment! Current owner will train. This studio really has a great location and wonderful neighborhood, it is located in high end town with luxury apartments being built all around.

Great opportunity for someone to take over and grow. Affluent Essex county town.


Business Details

Primary Business Category: Services - Business
Location: New Jersey
County: Essex

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $39,000
Gross Revenue: $127,767
Cash Flow: $4,241
FF&E: $20,000
Seller Financing Available: No

Property Information

Facilities:

1500 sf of space with large open training area. Established in 2011 and moved to existing space in 2014. Rubber floors and mirrored walls creating ideal training environment. Located in downtown area of an affluent Essex County town that is growing! Ideal client base.

Growth & expansion opportunities:

Add programs and market to grow the business and supplement the great word of mouth referrals.

Competition:

There are a few health clubs nearby. This business has built a dedicated following.

Reason for selling:

The owner has two growing locations and can no longer effectively manage both so he wants to sell one.

Support & Training:

Will train for 2 weeks @ $0 cost. There are no specialty licenses required. This is not a franchise! Nutrition and wet loss counseling is also offered.

Contact Business Seller

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Business Listed By:

Russell Miller

Murphy Business Brokers