Amazing Opportunity – Turn Key Business!!

Middlesex County, NJ

Seller Financing Available
Amazing Opportunity – Turn Key Business!!
Contact Seller

Asking Price: $139,000

Cash Flow: $50,000

Gross Revenue: $250,000

EBITDA: N/A

FF&E: $400,000

Inventory: $2,000

Rent: $9,500 /Month

Established: 2014

Amazing Opportunity – Turn Key Business!!

Save Print Share Valuation Report

Business Description

Own your own gym!! Turn Key business!!

If you are looking for a complete turnkey business, look no further. This gym is ideally located on a busy street, in a residential area, close to neighboring schools, in a FREE-STANDING BUILDING of 7,000 SQUARE FEET, with its own large PARKING LOT, complete with well-maintained FITNESS EQUIPMENT, fixtures, and content, a large AEROBIC ROOM, a separate OFFICE, an OUTDOOR TRAINING AREA, and its own GYM MANAGEMENT SOFTWARE. This full-service fitness club combines fitness and nutrition with tailor-made programs, professional staff, and personal trainers.

Well established gym (fitness club), operating 5 years, with 1,000 loyal members and amazing growth potential. Also includes a trademark name (buyer is not required to maintain trademark business name), and optional 24/7 membership access, licensed management software, and online fitness and nutrition site for members. Owners are looking to sell IMMEDIATELY due to other business interests. A well-negotiated, low-cost lease in a great location. All fitness equipment and fixtures included in price, over $400,000 in value, including cardio equipment (treadmills, ellipticals, bikes), free-weight equipment (benches and racks), plate-load equipment, and single and multi-station selectorized equipment. A large private room for Aerobic classes and/or Personal Training, as well as a separate, large room for office space that can be divided. Permit approved for 24-hour use. Buyer will acquire gym 100% debt-free.

Detailed Information

Location:
Middlesex County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
7,000
Lease Expiration:
2/1/2029
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
7,000 sf of space with separate, large aerobic room for classes and/or training. Separate, large room for office that can be divided. Outdoor space for classes and/or training. Gym was established in 2014. Rubber, carpet, tile, and hard-wood floors (where appropriate), mirrored walls, aesthetically appealing paint colors, to create an ideal training environment. Ideal client base in an affluent north-central New Jersey town. Permit approved for 24-hour use. Lease term is 10 years with additional 5 year option (lease termination 2029).
Competition:
No competition within town. This business has a loyal following.
Growth & Expansion:
Add classes and personal training programs and market gym to other areas to grow the business.
Support & Training:
Will provide 2 weeks of training, ins and outs of operating gym, at no additional cost. There are no specialty licenses required, but we do have optional licensing offers for an online fitness and nutrition training site.
Reason for Selling:
The owners have other business interests and have too far of a trip to travel.
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
John Saunders

Show Phone Number

Listing Statistics

Unlock

Demographic Information

Unlock

Real Estate Insights

Unlock

Metro Area Scores

Unlock


Ad#:1272364 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Spenga

Franchise Opportunity In NJ
Cash Required: 150000