Sunbelt Linden
Contact: Charles MizejewskiOffice Phone: 732-494-6766 Mobile Phone: (732) 494-6925
Listing ID: LINDENJ001-N740
Boutique Fitness Studio - Upscale Downtown Location
Financial Information
- Asking Price: $179,000
- Gross Revenue: $197,340
- Cash Flow: $57,030
- Down Payment: ON REQUEST
- FF&E (Not Included): ON REQUEST
- Inventory: N/A
- Financing: No
Business Location
- Central New Jersey
- New Jersey
This premier boutique fitness center located in an upscale Central New Jersey downtown area is available for sale due to the pending relocation of the owner. The center offers 60-minute for all fitness levels and ages. They incorporate cardio and stretching to lift and tone the entire body. The business employs 3 to 5 part-time instructors and classes are offered multiple times each day. The business operates in a beautifully renovated 2,400 square foot center on a main street with ample parking. They also offer apparel and accessories to their members. The business has been operating for over two years and is growing rapidly. There is significant six-figure growth potential for a qualified buyer. Please call for further information.
Competition Description
Growth / Expansion overview
Support / Training Comments
Seller will negotiate a transition period
Financing Comments
Reason For Sale
Owner's Pending Relocation- Home Based: No
- Year Established: 2016
- Franchise: No
- Year Acquired: 2016
- Willing to Train: Yes
- Relocatable: No
- Required Licences: Business, Health
- Is Property Leased: Yes
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: N/A
- Days Open: Monday-Sunday
- Hours Open: 5:40am - 6:30pm
- Fulltime Employees: N/A
- Part time Employees: 5
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 2,400 sq ft
- Monthly Rent: $4,120
- Lease Expires: 12/31/2021