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Brand New Franchise Gym in Bergen County, NJ

Bergen County, NJ

Brand New Franchise Gym in Bergen County, NJ
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Asking Price: $2,000,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $710,000

Inventory: $5,000*

Established: 2019

*not included in asking price.

Brand New Franchise Gym in Bergen County, NJ

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Business Description

Ground Floor Opportunity

This 20,000 sq. ft. franchise gym opened in January 2019 and includes all the latest amenities, has an exclusive covered parking lot for members and guests, is fully staffed, and is located in a densely populated area in Bergen County, NJ, only minutes from Manhattan. There is easy access from a major highway or through town. There is already a solid member base and growing each month. There is no other gym like it in the area with the same amenities or membership options. The current owners have free rent until November 2019. Then, the rent will be $24,000 per month, all-in. The owners are also open to an equity partner with cash injection. Only serious inquiries for this opportunity.

Detailed Information

Location:
Bergen County, NJ
Inventory:
Not included in asking price
Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
relocating
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Dave Chichelo

Business Listed By:
Dave Chichelo

Transworld Business Advisors

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Sponsoring Broker:
Marc Lazarus

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