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

 

BUSINESS PROFILE

 Fitness Center

 

 

      Location:                                                                     Mercer County                                                   

      Years Established:                                                     9 Years                                                     

      Under Present Owner:                                              9 Years                         

      Gross Sales:                                                                $130,700                                                    

      Cash Flow:                                                                   $  20,600                                                                                  

      FF&E:                                                                            $175,000                                  

      Number of Employees:                                              13 part-time                     
      Rent:
                                                                            $    2,916                                                

      Lease Expiration:                                                       12/31/11 with     4-5 yr. option

      Asking Price:                                                               $210,000                                                 

     Reason for Selling:                                                     Other business demands

                        

    Ideal small business opportunity with recurring monthly revenues for the fitness oriented entrepreneur. Established in 2001 and in its present location since 2006 this 4,300 square foot personal training and fitness center has built a stellar reputation. The center offers diverse cardio classes along with free weights; high quality selectorized machines, and several state of the art tread mills and elliptical machines. The locker rooms are equipped with showers for both men and women.  Several flexible membership plans are available. This is a unique turnkey business.

 

The fitness center is open 24 hours a day; 7 days a week. The service counter is manned during key hours by several employees for a total of 40 hours weekly.  The remaining hours are serviced with a top of the line security system. This gym is located on a major highway in a suburban community shopping center with plenty of parking for its members.

 

The owner is an absentee manager and would like to concentrate on his other businesses. This is a great opportunity for a person who will spend the time marketing the membership packages, promoting the personal training, and expanding the cardio classes. Additional income could be generated by adding tanning beds and children’s programs