Long Established Profitable Health Club For Sale

www.GlobalBX.com

Listing ID: 700152599

Listing Title: Long Established Profitable Health Club For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=152599

Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: New Jersey

Area

City: Northern New Jersey

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $1,387,635

Cash Flow: $365,500

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1998

Number of Employees: 10 - 19

Business Description:
This is a rare opportunity for someone to acquire one of the premier health clubs in the state of New Jersey. This club has been thriving for the last 15 years. A prime location in North Jersey with a long term 20+ year lease. It's 27,000 square feet include the latest cardio, strength training, exorcise, spin and a lot more. It is also one of the few clubs in the state with racquetball courts. All of the equipment is owned and their are no leases to assume. There are approximately 2,500 members with a $55,000 monthly electronic funds transfer draft. This is a great opportunity for an investor with a strong manager or a working owner that wants to be in the health club business. This business won't last long with a strong history of earnings in an industry forecasted to grow in the next 5 years. Asking $1,200,000. Email or call at 201-655-7220 for more information on this health club for sale.



« Close this window »