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