Ladies Fitness Center
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $180000
Net Profit / Cash Flow $48000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2003
Number of Employees 1 - 3
Inventory 30000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Owner will train for 1 mo. & give support for 1 more.
Reason for Sale Relocating.
Description Excellent location in busy strip mall at a very busy intersection. 1800 sq. ft., over 500 members & climbing, club has consistently grown since opening. 22 stations, tanning (great source of additional income), Cardio Room with ellipticals & treadmills, Personal Training (another excellent source of additional income), commercial refrigerator, weighted hula hoops, free weights, exercise balls, music system with Bose speakers. Value of contents & buildout is in excess of $140,000. Excellent staff, well kept and beautifully appointed club. Inventory included - apparrel, drinks, marketing banners, signs, TV, etc. Owner is relocating and wants to sell as quickly as possible. Lease with 8 mos.left + option for additional 5 years.
Area is one of the fastest growing in the state, there are approx. 20,000+ homes within a 3-4 mile radius and new homes & townhouses being built in every direction. Busy shopping center with lots of traffic & walk-ins in center of town. Contact for more information on this Ladies Fitness Center for sale.
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