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Businesses For Sale > Business For Sale in Essex County, New Jersey (NJ)

Gym- Successful and Absentee Owned! for sale in Essex County, NJ

Essex County, New Jersey (NJ)

Asking Price: Gross: Cash Flow:
$ 650,000 $ 818,320 $ 154,628

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
Well established, popular Gym in affluent New York/Northern New Jersey metro area has it all. The equipment is top notch and the 13,000 square feet space is well maintained. The gym offers group fitness classes, personal training, spin, cardio, weight/strength training and a full service juice bar. No expense has been spared! Great location and highly regarded. The gym has approximately 2,600 members currently. Absentee owned with strong management in place. Turn key! Don't miss this opportunity- it won't last long!

 

   
Year Business was Established: 2008
   
Number of Employees: 2 FT/12 PT  
   
Facilities / Terms of Lease: This business territory is a mature market with great demographics. 13,000 square feet facility with all your fitness needs under one roof at an affordable price.  
   
Potential Growth/Expansion: This business does well and can grow even further with a bigger emphasis on personal training. Corporate sales opportunities also exist for new owner that wants to make this an area of focus.  
   
Competition: This is a mature territory so a few key competitors but this gym differentiates on price and offering. The business has been in this location for nearly 10 years so well known and very popular in its area.  
   
Owner willing to train: Will train for 2 weeks @ no cost.  
   
Reason for selling: Owner has other business interests and is now spending more time outside of state.  
   
Seller Reference Number: 3402-13138
BusinessMart.com Listing Number: 211392
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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