Last Revised: 10/16/19. Posting #: 10249066
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.
Area: Greater NYC Area
Country: United States
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
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
Professional Resources & Contacts To Help You Close Your Deal!
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!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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
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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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
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
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Key Words: deposits, escrow, deposit, non-refundable deposit, purchase agreement, attorney, cpa, broker, brokers, buyers, buying a business, due diligence, deal structures, jordan green
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Key Words: franchise, buying a business, business buyers, buying a franchise, spencer siegel
Profile: It is crucial to have buyers interested in purchasing a business sign a non-disclosure agreement before releasing any information to them about the business for sale. BizBenNetwork Senior Manager Jordan Green shares tips for qualifying buyers and implementing a successful non-disclosure agreement.
Key Words: nda, non-disclosure agreement, confidentiality agreement, non disclosure, non disclosure agreements, confidentiality, confidential information, buyer profile, business buyer, prospective buyer, buyer prospect, liability, legal issue, legal, jordan green
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Key Words: buying a business, peter siegel
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