Fitness Studio Asset Sale in New Jersey - 36150

Financing

$49,000 Down and The seller will entertain any reasonable offer.

Business Description

Do you have a strong sales or marketing background and love fitness? Now is the time to BUY! Major Price Reduction! The fitness industry has recovered and this is your opportunity to buy a franchised boutique fitness studio. The boutique fitness studio is a growing modality, providing all aspects of fitness – Spin, Strength and Yoga. The owners spent $900K to build this one-year-old, state-of-the-art fitness studio, but have been spread thin with other business interests. Steal this location for only $49K, or best reasonable offer! Keep the current franchise or bring in your own fitness concept. The sale price includes all furniture, fixtures and equipment – 24 bikes, strength equipment, AV equipment, separate space for spin, strength and yoga. There are several anchor stores in the shopping center! A new owner committing to 15-20 hours a week will benefit from significant cost savings and performance improvement. Currently there are two managers running the business. Eliminating one manager will save close to $50k annually. There are around 500 high end condos near by. An engaged owner can organize events to attract higher income clientele from the condominiums. There are 7.5 years left on the current lease. We are seeking a serious and financially qualified buyer with at least $60K in liquid funds to cover the $49K business asking price plus $11K rent security. All site visits must be discreet. Please do not speak with anyone when visiting the location. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.