Very Profitable NYC Area Women’s Only Full Fitness Boutique

$549,000

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Description:

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. Womens 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: $549,000

Annual Sales: $607,000

Cash Flow: $175,000

Business Location: Great location on major roadway, with well lit parking

Business State: New Jersey

Active Members: 685+

Average Dues: $48.33

Facility Size: 6000 sq ft

Year Established: 2016

Employees: 16 + instructors as 1099s

Seller Financing Available: Negotiable

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

Growth Expansion:

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

Reason For Selling: To focus on other businesses

For more information, please complete the Buyer Profile questions and type in your name as an electronic signature for the Confidentiality Agreement. Then click submit. Someone will get right back with you.

Listing ID: 8565ca53f6de0b93

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  •   New Jersey