Gym for sale in NJ (1528) | American Gym Trader

Gym for sale in NJ (1528) | American Gym Trader

Profitable Personal Training Studio

(city not disclosed) | NJ State | Middlesex County

*sold!*


*** sold! ***

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Key metrics

Asking price: $125,000

*Seller Financing*

Established: 2006

Gross income: $202,116

Cash flow: $26,945

Franchise: No

EBITDA:

Employees: 5

Square Feet: 1,732

Home Based: No

FFE: $50,255 (included)

Inventory:

Real estate:

Relocatable: No

Client review

After owning my personal training studio for the last 15 years I was ready to sell and retire....but how to do that?

I'd been in the business for over 35 years, had grown my studio from a one trainer operation into a solid multi-employee enterprise, but had no real idea of the best way to go about selling it and getting a fair price. Dave Didon and AGT helped educate and guide me and several months after our initial meeting I sold the business for the asking price and I couldn't be happier.

Dave's suggestions, support and above all, knowledge of the guidelines and protocol involved in selling a fitness business were the key to a successful sale. I'm grateful for his business acumen and his calming influence throughout the process.

Ned Webber

Phoenix Fitness

Business description

Business is booming with over 130 training sessions per week

American Gym Trader proudly presents this well established personal training studio. Fill out the Contact Seller form and we can send you a Confidential Business Review complete with photos, financials and everything you need to know to make an informed buying decision.

The new owner of this business will be taking over a profitable high-level personal training gym that knows how to produce results...FAST! Truly a strong COVID survivor that's been in operation for 15 years. Now that NJ gyms are 100 percent open, June and July sales are strong at 27,000/month bringing it back fast to pre-pandemic sales levels. Based on current performance this business could possibly do 300,000 in sales and 100,000 in owners benefit by years end.

Revenue History
Trailing Twelve Months - $202,116.00
2020 -$170,167.00
2019 - $228,605.00
2018 - $300,217.00


Currently, business is booming with over 130 training sessions per week. The secret to the success of the business is its loyal members and staff.

The current owner only sells what they do best and that’s personal training. A new owner could add a wealth of additional profit centers such as:

Adding CBD Products
Adding Vitamins and Supplements
Adding Dietician and Nutrition services
Adding Beverages and Sport Drinks


This business has been professionally managed -- books are in order, scheduling systems are in place, and trainers are excellent.

If you want to get into the growing fitness business and desire a solid, established

Facilities description

The property is 1,732 square feet and was established in 2006. There is an abundance of parking which is well lighted and well maintained by the Landlord. Leased – 1,732 sq. ft. | Expires 2022 with three – one-year options | Monthly rent and cam $5,445

Financing description

Owner will consider partial seller financing for a full offer

Growth

A new owner could add a wealth of additional profit centers such as: * Adding CBD Products * Adding Vitamins and Supplements * Adding Dietician and Nutrition services * Adding Beverages and Sport Drinks

Support

No cost for 4 weeks – Owner willing to stay on for a few months

Reason for selling

Retirement

Keywords

gym, personal training, studio

disclaimer

American Gym Trader has not made any independent investigation, verification or audit of the information contained in this advertisement and makes no representations or warranties, express or implied, regarding the accuracy or completeness of the information contained herein or linked to and assumes no responsibility to its accuracy or completeness. When buying or selling a business American Gym Trader encourages you to seek the advice of a professional business broker. American Gym Trader has no monetary interest in the sale of the business. American Gym Trader does not warrant the Right of Use of any photography, logos or graphics.

Contact Dave Didion


Dave Didion

Dave Didion

American Gym Trader

571-989-6375

No Spam Please

Do not contact the broker/seller for any reason other than your interest in buying a business!

Frequently Asked Questions

Important terms

  • Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
  • EBITDA – Earning Before Interest Taxes Depreciation and Amortization. This financial term is generally only used with multi-million- dollar businesses.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • Cash Flow – Cash Flow is often also called Sellers Discretionary Earnings or Owners Benefit. All debts on a business are normally paid off at closing. Cash flow is the total of net profit, owner’s salary, depreciation, amortization, interest, perks and non-recurring expenses.
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