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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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UFC Fitness Center
(Recreational , Fitness Center)
Monmouth County , NJ
Listed Price: $ 50,000
Listing ID: FITN263

Listing DetailsGross Revenue: $ 125,000
Cash Flow: $ 25,000
FFE: $ 175,000 (Included in Price)
Inventory: $ 1,000 (Included in Price)
Franchise Info: This business is an established franchise
Reason for Sale:

The owner is absentee, involved in an alternative business .


Training & Support:

Franchise training will be supplied, and the seller will remain post-closing to supply an appropriate transitional period.


OperationsYear Established: 2008
Days & Hours of Operation: Mon.-Sun. 6am-9pm
Non-owner Payroll: $ 8,000
Employees: 7
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 18000
Monthly Rent: $ 10,000
Square Footage: 4280
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.


SummaryBusiness 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 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 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.


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.


Potential Growth:

The business requires on site management and presently has a limited marketing plan.