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Businesses For Sale   >>   Camden County Businesses For Sale   

Gym With Owner Financing

Location  Camden County, New Jersey, United States
Asking Price Range  $250K - $500K
Gross Revenues  $369000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2009
Number of Employees  6 - 9
Inventory  $375.000 equipment & $1,200 inventory.
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will supply a full transitional period and will remain post-closing for thirty days.
Reason for Sale  Owner is in an alternative industry and absentee.

Description  
Great opportunity to owner this highly successful franchise gym located in central New Jersey with owner financing. The business is owned by an absentee corporate group and relies on staff and management for the day to day operation. This five year young modern state of the art Fitness center accommodates a variety of services for every member to choose from; allowing members to decide what fits their budget in a clean attractive atmosphere. The gym has various classes offered throughout the day to accommodate their client's busy schedule. When developing the business concepts their goal was to offer affordable contemporary fitness for all ages and income levels. This fitness Club appreciates and understands excellent customer service and enjoys interacting with the general public. They are a full service fitness center with wireless internet access, including 50 plus pieces of various IPod compatible cardiovascular equipment, various circuit training, strength training equipment and free weights. The business is equipped with the most StarTrac exercise equipment of any club in N.J, assuring you that there will always be equipment available for each member. Massage Therapists on site with private studio, Tanning, Juice Bar services from the Industry leader with drastic pre negotiated discounts, proprietary personal training for maximizing results. The business has a full line of exercise apparel and accessories online ordering through internet for streamline delivery. The business also has a full computer system for billing & collection, management and camera software for offsite monitoring, direct marketing system and e marketing systems.This particular business has six employees who are unaware of the pending sale and fully expected to remain post closing, monthly payroll $6.950.


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