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

 

BUSINESS PROFILE

     Upscale Fitness Center 

 

      Location:                                                  Southern New Jersey                                   

      Years Established:                                 1997                                                    

      Under Present Owner:                          14 years                            

      Gross Sales:                                           $1,549,197

      Cash Flow:                                              $   321,000

      Inventory:                                               $       5,000

      FF&E:                                                    $   335,000                                                                                                        

      Number of Employees:                    12 Full-time, 32 part-time

      Asking Price:                                      $1,600,000

      Reason for Selling:                           Relocation                     

      Lease Expiration:                              2017                                                       

                       

This upscale 26,000 sq. ft. fitness center is a state-of-the-art exercise and fitness facility and has approximately 4,500 members. The Company expanded its facilities in 2007/2008 to include

 

The Company also offers group fitness, personal training and child care services for members.

 

This very profitable business is offered for sale at $1,600,000. Seller is relocating but will assist the new buyer to achieve a smooth transition.