NON-FRANCHISE GYM. FITN338

Price: $275,000

Location: Burlington County, New Jersey

Industry: Fitness

Listing ID: FITN338

Modern attractive independent non franchise fitness center located in a wonderful area of Burlington County, New Jersey. The company had gross sales of $446,152 and a consistent net yearly income and expects an increase in the following 2022 year. Even during times of economic challenges, the fitness center industry remains strong. In fact, U.S. health club industry revenues for 2013 totaled $22.4 billion. And industry analysts predict a steady growth in the demand for health, wellness, and fitness among all demographic groups-from Millennials to Baby Boomers. Predictable monthly income from membership base, multiple revenue centers including Juice Bar, Personal Training and Group Fitness grow bottom line earnings. A flexible, manager run business with a streamlined and simple set of operations. Ideal for a high value, low-cost gym concept. This is an excellent business opportunity. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.

Listing Details

Revenue: $358,362

Cash Flow: $90,000

FFE: $170,000 (Included in Price)

Inventory: $1,000 (Included in Price)

Reason For Sale:

The present owner is absentee with full time employment.

Training & Support:

The seller owner who is semi absentee and will remain post-closing in order to supply an appropriate transitional period to the new operator.

Summary

Owner Qualifications:

This industry does not require government approval to purchase.

Competition:

To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Potential Growth:

The business presently has a basic marketing plan web site, however further promotions and personal training can be instituted in order to improve the gross income.

Ron Cervelli

contactus@regalconsultants.com

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