Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

GNC Live Well Franchise Opportunity

OsteoStrong Franchise Opportunity

Pro Martial Arts Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Neighborhood Health Club
Location: United States -> New Jersey -> Union County
Industry: Health and Medical > Health Clubs and Spas




Business Summary

Neighborhood health club for sale (5,000 sq ft) with growing training business. Building a health club and training business like this from scratch would probably take more than double what the seller is asking and would take at least a year to get to break-even. Business is currently showing break-even, but potential is definitely there for right ownership. Great rep, excellent location/parking, nice clientele (220 members, 60 PT clients), established base. Included in the purchase will be the right to use the name (trademark pending), materials, web site, programs, etc, for our unique training business that is showing a great deal of promise. The gym membership business basically functions as a sales channel for upselling to classes and one-on-one training, all of which is run according to our unique training model. Due to family circumstances business need to sell quickly. The seller therefore going to sacrifice on the price. They have worked hard to build up the club's reputation and client base, and they really care about their clients, so the seller would be willing to stay on for a short time to help with transitioning clients to the new owners. . This also could be an opportunity for a small gym owner to consolidate businesses, or for a large gym to open a satellite location. All equipment and lease hold improvements included (including 2 new commercial A/C units).
Upscale community of 14,000. Well-maintained shopping center with great parking. Nice niche clientele. Training clients 65% female; club membership 50-50 m/f.
5,000 Sq ft space, Men's locker room with showers, Women's locker room with showers, Office, 14x18 room for private sessions, assessments. Well-maintained shopping center with great parking.
Assets: 6 treadmills, 6 elypticals, 4 bikes, rowing machine. Cybex strength machines, Free weights, benches, Smith Machine. 2 new A/C units ($20k)


Financials

Asking Price Range:  < $250K
Gross Revenues:   $160,000
Cash Flow:   $10,000
Cash Flow Type:  EBITDA
Inventory:  $150,000
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Relocating.




Print Listing Id: 700116922


Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


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



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700116922
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Locked: Slide to right then click Contact Seller.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.