MergerPlace

High End Fitness Club - Great location

New Jersey (Bergen)


  • Asking Price: $1,250,000
  • Gross Income: $2,423,422
  • Cash Flow: $438,972
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215825
  • Established: 2000
  • Employees: 8 FT/ 60 PT

Business Description

Premier 34,000 sq. ft. Full-Service Fitness Center with $2.4 MM Sales. Multi-million $$$ build out with the best available equipment. Services provided include group exercise, group training, personal training and kids club. Plus juice bar, lockers and showers.
This is not a franchise and memberships are mid-price point. Annual draft dues average $1.8 MM. Personal training averages $500K.


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: New Jersey
County: Bergen

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 8 FT/ 60 PT

Financial Information

Asking Price: $1,250,000
Gross Revenue: $2,423,422
Cash Flow: $438,972
Seller Financing Available: No

Property Information

Facilities:

33,996 sq. ft. facility in desirable Bergen County town.

Growth & expansion opportunities:

Additional marketing and promotion.

Competition:

Limited competition in immediate area.

Reason for selling:

Strategic Plan.

Support & Training:

Will train for 4 weeks @ no cost. This is a great turnkey opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. Transition will be relatively easy and will be supported by the seller.

Contact Business Seller

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Business Listed By:

Russell Miller

Murphy Business Brokers