Bridge Pointe, 214 Bridge Street, Building D, Metuchen, NJ 08840
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BUSINESS PROFILE |
Group Fitness Franchise Resale |
Location: North Central Jersey
Year Established: 2015
Under Present Owner: 2015
Gross Sales 2016: $324,764
Cash Flow 2016: $94,525
Days Open: 7
Hours of Operation: Scheduled Classes (mornings and afternoons)
Number of Employees: 10 Part-Time
Asking Price: $329,000
Rent: $6,200/month including CAM and taxes
Summary Description:
This popular and profitable physical fitness and weight loss business is available for immediate sale due to the upcoming relocation of the seller. The business is growing rapidly and can be expanded further by the new owner. The new owner can be hands-on or operate the business on a semi-absentee basis. The 10 employees are certified trainers who teach clients how to achieve their goals and reduce stress. Fitness experience is not required to be successful, but the new owner needs to have good management and people skills. Seller will insure a smooth transition for the new owner.
The business has an excellent location with plenty of parking. The owner has negotiated a below-market lease which will be transferable to the new owner.
The business is recession-resistant and appeals to male and female clients of all ages looking to improve their fitness, health, and lose weight. The fitness industry is a $100 billion industry.
Please call for further information.