Premier Health Club - Price Reduced

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Great location!
Asking Price:
$999,000

Gross Revenue:
$2,423,422
Cash Flow:
$438,972
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Price Reduced!

Premier 34,000 sq. ft. Full-Service Fitness Center with $2.4 MM Sales. Multi-million $$$ build out with the best available equipment. Services provided include group exercise, group training, personal training and kids club. Plus juice bar, lockers and showers.
This is not a franchise and memberships are mid-price point. Annual draft dues average $1.8 MM. Personal training averages $500K.
This business will require rebranding after the sale.

About the Business

Location:
Bergen County, New Jersey
Year Established:
2000
Number of Employees:
8 FT/60 PT
Facilities:
33,996 sq. ft. facility in desirable Bergen County town.
Market Outlook/
Competition:
Limited competition in immediate area.
Growth & Expansion:
Additional marketing and promotion.
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About the Sale

Reason For Selling:
Strategic Plan.
Training/Support:
Will train for 4 weeks @ $0 cost.
This is a great turnkey opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. Transition will be relatively easy and will be supported by the seller.

Listing Info

ID:
1669620
Ad Detail Views:
491

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months
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Business Listed by

Russell Miller

Murphy Business Sales

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