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Gym / Spa / Health Club
Location: United States -> New Jersey
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Brand new sports club for sale in very busy upscale area of central NJ. Consistent steady growth percentage every month. Average of nearly 75 new members per month. Average monthly revenue almost $50,000. All equipment is brand new and owned outright with a value of over $280,000. Over 1,000 active members. Multiple membership levels range from $40-60 per month.

Various classes held regularly include: Spinning, Yoga, Cardio, Zumba, Stepping, Kickboxing, Abs, Pilates, and many more. Childcare services are provided to members during their workouts. On-site cafe provides food, supplements, and other consumables.

Full service spa is under construction and slotted for completion toward the end of this summer. An amazing additional revenue stream is expected upon completion of this section of the facility.

No competition from other gyms or health clubs. The closest health clubs are several miles away and are not like this one (they are the low-budget/low-value clubs that cater to teenagers and lower income brackets).

This place must be seen to be truly appreciated! Steadily increasing profits and membership, plus the anticipated revenue after Spa is finished, will result in outstanding profits in this location. The price is a steal and the owner is willing to consider holding a note for a portion of the purchase price.

Contact us for additional details. Do not hesitate. We do not expect this to last long!


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $600,000
Cash Flow:   $47,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $300,000
Seller Financing:  Yes

About The Business

Year Established:  1998
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease




Print Listing Id: 700109736


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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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