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For Sale Womens Only Fitness Boutique In New Jersey

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Contact: Jim Thomas at 800-929-2898, 214-629-7223 - Log In To Message/Email This Contact
Last Revised: 10/16/19. Posting #: 10249066
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Key Words: gym, health club, fitness center, womens fitness boutique
Financial Info: Asking Price: $528,845. Annual Sales: $650,000 (2019 Projected). Cash Flow: $195,000 (2019 Projected). SBA Financing: SBA Pre-qualified with 15% down, $40,000 working capital paid to buyer at closing. Buyer pre-qualified in 1 day! Seller Financing Available: Available for Quick Sale!
Profile: Very Profitable NYC Metro Area Women’s Gym – Priced below market!
Great ROI! SBA financing preapproved.
Price: $528,845
Area: Greater NYC Area

Country: United States

Description:

This business is priced right and will move quickly – so act fast! Beautiful full-fitness boutique gym with premium construction focused on studio classes, personal training, group training and amenities, and just for women. Women’s fitness has existed in this space for 26 years, with a brand new ‘gym’ since May 2016. Continuously profitable with tremendous potential for revenue, excellent and supportive landlords, below-market rent, incredible location. Voted Best in the county for Gyms and Specialty Classes categories first two years in business. Named fitness partner for the largest event in the county – Making Strides against breast cancer. Make a difference for women in the community; with unlimited earning potential!

Asking Price: $528,845

Annual Sales: $650,000 (2019 Projected)

Cash Flow: $195,000 (2019 Projected)

Business Location: Great location on a major roadway, with well-lit parking

Business State: New Jersey

Active Members: 685+

Average Dues: $48.33

Facility Size: 6,000 sq. ft.

Year Established: 2016

Employees: 26 employees

SBA Financing: SBA Pre-qualified with 15% down, $40,000 working capital paid to buyer at closing. Buyer pre-qualified in 1 day!

Seller Financing Available: Available for Quick Sale!

About the Competition: The gym is the only women’s fitness in the area. Other area competitors are Retro Fitness, Orangetheory, and 24 Hour Fitness, and Paramus Blink

Growth Expansion:

The gym has been consistently profitable since opening and had been voted best in the county. Location has a large potential for growth!

Support Training: Yes, negotiable

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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
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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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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contributor: Peter Siegel, MBA at 925-701-8064 X313   Log In To Message/Email This Contributor
Profile: Whether it’s a business owner/seller or a business broker representing a business owner who is selling, buyers of businesses must be diligent about asking the right questions and getting the right information up front before wasting their time or losing money in a potential futile transaction.
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