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High End Fitness Club - Great location

Bergen County, NJ

High End Fitness Club - Great location
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Asking Price: $1,250,000

Cash Flow: $438,972

Gross Revenue: $2,423,422

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2000

High End Fitness Club - Great location

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Business Description

Limited competition - large facility

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.

Detailed Information

Location:
Bergen County, NJ
Employees:
8 FT/60 PT
Facilities:
33,996 sq. ft. facility in desirable Bergen County town.
Competition:
Limited competition in immediate area.
Growth & Expansion:
Additional marketing and promotion.
Support & Training:
Will train for 4 weeks @ $0 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.
Reason for Selling:
Strategic Plan.
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Russell Miller

Business Listed By:
Russell Miller

Murphy Business Sales

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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