Murphy Business and Financial Corporation presents

Gym! Very Profitable! Turn Key Opportunity!

N/A, NJ | Morris County | N/A

Key metrics

Asking price: $274,999

Established: 2011

Gross income: $897,872

Cash flow: $111,933

Franchise: No

EBITDA:

Employees: 2

Square Feet: 7,000

Home Based: No

FFE:

Inventory:

Real estate:

Relocatable: No

Business description

This gym has been providing quality programs & services with superior facilities as a full service personal training gym in and around the Northern New Jersey area. Whatever you're looking for in a health and fitness business, you'll find it here. This is full service fitness center combines a full range of fitness and exercise equipment and facilities with professional trainers, personally tailored programs, and group health and fitness classes. This business is a compelling opportunity and won’t last long.

Facilities description

The location is 7,000 square feet setup for customized training programs and classes setup for this exclusive membership. There is an opportunity to expand at the current location. Very affluent area and is easily located from all major roads in the county.

Competition

Their are "big box" franchise gyms in the areas but none that specialize in customized one on one training like this gym offers.

Growth

Ready for an expansion and has room to grow! The business is very profitable so cash flow is there to fund it. This branded concept can be expanded to other locations in the region. A new owner looking to get into the fitness industry does not look to any further!

Support

Will train for 2 weeks @ $0 cost.

Reason for selling

The owner is relocating out of state but will stay on to transition the business to the new owner.

Keywords

new jersery, morris county, fitness gym

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 Daz Connell


Daz Connell

Listed by

Daz Connell,

Murphy Business and Financial Corporation

908-928-0088

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.
    Lean more >>
  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
    Lean more >>
  • Inventory – This is the estimated value of the retail products and merchandise.
    Lean more >>
  • 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.
    Lean more >>

Still Sound Like an Alien Language?

Contact us. We can help you make an informed buying decision.

© 2009 - American Gym Trader   |   AmericanGymTrader.com   |   All Rights Reserved   |   Terms and Conditions  

Web development by Web Media Partners