Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
BUSINESS PROFILE
FITNESS CENTER – North Eastern Monmouth County, NJ

Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840

BUSINESS PROFILE

FITNESS CENTER – North Eastern Monmouth County, NJ

*Location:*	North Eastern Monmouth County, NJ.
*Years Established:*	2006.
*Under Present Ownership:*	2006 – since inception.
*Gross Sales:*	$ 179,000 (2009)
*Cash Flow:*	$ 600 (2009)
*Inventory (Avg):*	$ 6,800 (Approximate)
*FF&E:*	$ 157,200 (April, 2010)
*Number Employees:*	Four: Two full-time; two part-time.
*Rent:*	$6,000/month.
*Lease Expiration:*	June 30, 2011 (plus two five-year extension options).
*Asking Price:*	$ 170,000 (plus assumption of facility lease and lease on six (6) treadmills).
*Reason for Selling:*	Career change.

Established non-franchised Fitness Center. The current owner started it four years ago. It is located in Monmouth County, NJ in a cluster mall on a major arterial highway.

The Center is spotlessly clean, well organized, and presents well to customer and prospective customers. The Center is open seven days a week and offers customers a broad array of fitness equipment. The equipment is late model and well maintained. There is more than ample convenient parking for customers.

The owner is selling to return to a prior career. Ample transition assistance will be provided to the buyer by the seller.

This is an excellent opportunity to run a first-class Fitness Center at a great price that is roughly the value of the equipment in-place in a functioning Center with an established membership base. There a several expansion opportunities that can grow this Center beyond where it is today.