UFC Fitness Center

Monmouth County, NJ

UFC Fitness Center
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Asking Price: Get Financing: $50,000

Cash Flow: $25,000

Gross Revenue: $125,000

EBITDA: N/A

FF&E: $175,000

Inventory: $1,000

Lease Rate: $28.20 /SF/Year

Established: 2008

UFC Fitness Center

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Business Description

Excellent business opportunity to own this modern and successful Franchise Fitness center with continued growth opportunity. UFC GYM is the first major brand extension of the Ultimate Fighting Championship, and the world leader in the sport of mixed martial arts. The business has a gross yearly income of $125,000 based on absentee ownership. In alliance with New Evolution Ventures, developers of many of the world’s most successful fitness brands, the UFC brand gives its enthusiasts and fitness seekers of all ages the opportunity to practice the training techniques of famed UFC athletes. Offering a full-range of group fitness classes, private MMA training, personal and group dynamic training, plus MMA style youth programming, UFC GYM creates something for all ages and fitness levels. As the first to combine the world of mixed martial arts and fitness, it has developed an atmosphere where members can see immediate results. The UFC GYM is the ultimate fitness experience. The brand is not what you expect, and more than you can imagine, aiming to continue revolutionizing the fitness industry. This industry does not require government licensing approval for purchaser, however franchise approval is required. This successful business has seven employee and various trainers who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $8,000. The sale has an assignable commercial lease which expires 2019-01-01 plus additional options, with a monthly rent of $10,000 all in, $28.20 per square feet and rent security of approximately $18,000. The business is in a free stranding commercial facility which consists of 4,280 square feet has a capacity for approximately eighty-five customers. The sale includes a fully equipped fitness gym with assets estimated at approximately $175,000 with a with all of the required equipment to maintain the day to day business operation, including software, displays, shelving, POS system, tables, computers of which a full list will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the commercial lease. The business is active seven days per week, with hours from 6:00 am to 9:00 pm, however extendable hours should be instituted in order to further develop the income. The sale includes the franchise, a certificate of occupancy from the municipality and the required city licenses to conduct its day to day business. The business has been priced at $50,000 based on a multiple of the net yearly income along with the specific value of the assets. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a dependable investment return to the owner operator prior to debt service. Please do not disturb business, this sale is absolutely confidential, all viewings are by appointment only and photo may not represent this particular business.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,280
Lease Expiration:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This highly popular fitness center facility consists of 4,280 square feet with an attractive modern appearance and is conveniently located in a commercial setting close to various highways. The business is located in central New Jersey, Monmouth County which consists of various affluent communities with continued demand for this personal service.
Competition:
Due to franchise policy, a distance requirement will prevent any franchise competitors and to the best of our knowledge no other new competitors are expected near to this business, the owner has agreed to supply a non-compete agreement to the purchaser.
Growth & Expansion:
The business requires on site management and presently has a limited marketing plan.
Financing:
Not available.
Support & Training:
Franchise training will be supplied, and the seller will remain post-closing to supply an appropriate transitional period.
Reason for Selling:
The owner is absentee, involved in an alternative business out of the area.
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Ron Cervelli

Business Listed By:
Customer Service

Regal Consulting Corp.

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Core Progression

Franchise Opportunity
Capital Required: $175,000