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Business for Sale Summary

Group Training Gym for Sale in New Jersey - 36154

Business Type: misc. service/non-classifiable,other personal services,owner financing available,sporting goods/ exercise/ gyms,sports/archery,gym/health club
Owner Financing
Group Training Gym for Sale in New Jersey
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Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $75,000
Gross Revenues $298,000 Lease Remaining Register Free to View
Owner’s Cash Flow $68,000 Number of FT Employees Register Free to View

Financing

$75,000 Down and balance of $75k for 24 months @ 10%

Business Description

Check out this group fitness business that puts a spin on the same old gym experience. This business listing is a companion to listing 36161. This business prioritizes member success and well-being. Located in Morris County, New Jersey this business has built a steady stream of clientele. With memberships nearly tripling under the current ownership, there is plenty of room for growth. The present owner is ready to step into new investment opportunities and hand off this thriving group fitness business onto the next owner. To help ensure a smooth transition, the current seller is willing to stay on temporarily to help the new owner settle in. This is a fantastic opportunity for someone interested in the fitness industry and ready to step into an owner-operator role. To learn more about this opportunity, please call the broker Henry Guevara at 908-591-7032.

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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.