Excellent opportunity to own this 3,200 square foot modern Performance & Health Center which has been fully upgraded. This business generated a 2015 gross income of $234,000 and a dependable net income of $95,000. Their clientele enjoys the atmosphere of relaxation and cleanliness in a well maintained facility, while being treated with respect by our professional staff. They offer some of the most advanced fitness equipment in the area and provide only the finest exercise apparatus, friendly attentive service in a state-of-the-art fitness center. Their goal is to provide a refreshingly positive workout experience and change the way people view health clubs. Based on the asking price, required down payment and net income this business should supply a dependable return to the owner operator prior to debt service. This is an excellent safe business opportunity.This facility consists of 3,200 square feet in a commercial setting with a clean modern appearance. The center has been designed for various types of training in separate areas of the facility. The Gym has modern locker rooms and showers and is fully equipped to supply the best possible service. This business is located in an affluent area of Morris County, New Jersey on a convenient active county road close to Route 206 and Route 80. This Gym is located in an excellent area of the county and services numerous communities with a continued demand for this personal service. The business assets have an estimated value of $170,000 which is based on replacement cost which includes displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request.The building has a capacity for 90 members, 3,200 square feet on one main floor and no basement and there are currently approximately 300 members.

Posted Sep 22, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.