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  Home > Search Results > For Sale: Boutique Fitness Studio

For Sale Boutique Fitness Studio In Middlesex County, New Jersey

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Contact: Steve Zimmerman at 650-823-6174, 650-823-6174 - Log In To Message/Email This Contact
Last Revised: 10/25/19. Posting #: 10249156
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Key Words: fitness, fitness studio, gym, boutique fitness, boutique fitness studio, middlesex, absentee
Financial Info: Offered at $350,000. Revenue (2020 projected): $310,000, SDE (2020 projected): $120,000, Rent: $2,820/month base rent plus additional charges currently running $1,000. Lease: Expires July 31, 2022, + 1 year option. Approximately 425 members signed up for classes.
Profile: Turn - Key Fitness Studio - $350,000.

*1-year new fitness studio – Growing sales/profits*

This is an excellent opportunity to acquire a turn-key fitness studio in Middlesex County. The build out for this studio was completed in late 2018 and looks brand new.

This 4,000 square foot studio is one of four health-related businesses located in an industrial warehouse space in Middlesex County. The space includes a large studio, reception area, offices, bathrooms, showers and a storage area for extra equipment and supplies. All equipment, much of which has had only light usage, is included in the asking price. A complete list is available upon request.

The membership has grown steadily each month. The focus of classes is on group-based functional strength training. Personal training as well as open gym time is also available. There are approximately 425 members signed up for classes, all of which pay through automatic debits. Additionally, there are five experienced instructors teaching classes who are expected to stay on board with the new owner.

Revenue (2020 projected): $310,000. SDE (2020 projected): $120,000.
Rent: $2,820/month base rent plus additional charges currently running $1,000.
Employees: 5 part-time Instructors, 1 part-time Working owner

Facility 4,000 sq. ft.
Lease: Expires July 31, 2022, 1-1 year option

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Contact: Steve Zimmerman at 650-823-6174, 650-823-6174 (Cell)   Log In To Message/Email This Contributor
Profile: Steve brings to his clients a wide-ranging business background with a focus on providing the highest level of customer satisfaction. Steve’s experience includes work in mergers and acquisitions, as well as small business brokerage, finance, business development and sales and account management.
Key Words: steve zimmerman, transworld, transworld business advisors, business broker, roofing, contractor, tour, restaurant, fitness, logistics, warren, morris, bergen, union, hudson, middlesex
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Contact: Jim Thomas at 214-629-7223, 214-629-7223 (Cell)   Log In To Message/Email This Contributor
Profile: Jim Thomas is the well-known founder and president of Fitness Management USA Inc., a management consulting, turnaround and brokerage firm specializing in the fitness, health club, and sports industry throughout the United States.
Key Words: jim thomas, fitness management & consulting, gyms for sale, business broker, business valuation, due diligence, consulting, fitness, gym, interval training, health club, athletic club, crossfit, dallas, collins, washington dc, marion, hillsborough, portland, multnomah, anna, prescott valley, yavapai, guliford, cicero, kings, leadville, lake, celina, raliegh, durham, clifton park, saratoga, cincinatti, hamilton
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Contact: David Didion at 571-989-6375   Log In To Message/Email This Contributor
Profile: We sell boutique gyms to national fitness center chains. The American Gym Trader Difference: We pride ourselves on being there for gym owners, because we used to be in their shoes! Our team spent more than two decades in the fitness industry, owning a gym just like you do.
Key Words: david didion, american gym trader, business broker, consulting, business valuation, gym, fitness, rockwall
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