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$850,000

Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale – SOLD*SOLD*SOLD

  • City: Union County
  • State: New Jersey
  • Listed: August 24, 2013 9:33 am
Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 1Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 2Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 3Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 4Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 5Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 6Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 7Union County, New Jersey Gym for Sale | Fitness Center for Sale | Health Club for Sale - SOLD*SOLD*SOLD - Image 8

Description

SOLD*SOLD*SOLD*SOLD

Union County, NJ. Full Service Fitness Center. 16,000 square feet. Ideal for first time owner or investment. $750,000 in improvements. Restaurant, Juice Bar and Physical Therapy.

Great for first time buyer

Asking Price: $895,000
Gross: $1,000,000
Cash Flow: After NDA
Location: Union County
State: New Jersey
Established: 1991
Facility Sq. Ft. 16,000
Employees: 25
Members: 1200
Franchise: No
 Financing Available: Yes
Support Training: Yes
Growth/Expansion: Yes
Competition: Retro, Metro and Bally’s
Reason For Selling: Family Illness

 

 

 

 

Listing ID: 767526b911f41060

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A Recommendation of Jim Thomas, President of Fitness Management and Consulting

by Norm Cates, Club Insider Publisher and Tribal Leader Since 1993

Jim Thomas is a talented, experienced, dedicated, determined, and very professional expert in the health, racquet and sportsclub industry. A club industry veteran of over 30 years, Jim has been a Club Insider Contributing Author since March of 2006, when he joined our Club Insider Contributing Author Team. During that time Jim has written and contributed 50 articles which have been published during our 284 months of Club Insider publishing. Jim Thomas is a truly great asset to our publication, and to our wonderful industry, and he can be trusted to deliver great results, over and over, no matter what the challenge.

214-629-7223

Call Today

Broker Services

When is it Time to Sell Your Health Club or Gym?

gymsaleMany factors will tell you when it is time:

  • Owner’s “burn out” Owner’s or key employee’s health problems
  • Business relocation or rerouting of expressways
  • Lease expires and you do not want to renew for another term
  • Changing technology Get estate in order
  • Not interested in investing long-term capital
  • Children do not want to enter family business
  • Under-capitalized
  • Largest accounts in financial difficulty
  • Bank unwilling to renew credit lines
  • Supplier problems
  • Staff problems
  • Customer’s habits changing
  • Seeks retirement
  • Wants to cash out and go fishing

Learn More

Whatever the reason, you will need to plan an orderly transition to new ownership with less involvement on your part.

For more info, please call us at 214-629-7223.

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Testimonials

We sold our health club within 4 weeks - Thanks!

Shawn T.