Standalone Fitness Facility & Dedicated Parking: Prime Hudson County
Business Description
One of the only standalone fitness buildings with dedicated parking in this market. 18 years in operation, no business debt, and fitness-use zoning already approved. Priced for an owner-operator.
The location is what this market can’t solve:
Competitors here operate in mixed-use buildings with residential tenants, noise limits, and landlords who restrict permitted uses. This is a standalone building on its own lot, with room for outdoor programming and no residential adjacency. Fitness-use zoning was approved in 2022 through full legal, architectural, and municipal review. That work is done and transfers.
Fully equipped, owned outright:
Approximately 2,400 square feet. Rogue Monster Lite rig, 6 Concept2 SkiErgs, 6 BikeErgs, 4 Assault Air Runners, 2 Assault Bikes, 24 barbells, and a full Rogue dumbbell, plate, and kettlebell set. Updated bathroom and shower, electrical, lighting, camera system, and keyless entry. 2,200 square feet of heavy-duty flooring. No equipment financing to assume. FF&E estimated at $75,000, included in the price.
Priced for a working owner:
The business is currently run fully absentee. The owners take no salary and spend roughly 6 hours per week on it, so the payroll carries a manager, two full-time coaches, and five part-time staff. Labor runs close to 59% of revenue.
For an owner-operator, the economics are different, with the potential to absorb half the administrative load. Additionally, adjusting rates and passing card processing fees through to members brings normalized cash flow to approximately $166,035. The asking price is 1.5 times that figure.
A complete line-by-line build tied to the trailing twelve months is provided under NDA so buyers can test every assumption. This is an owner-operator opportunity; a buyer who intends to keep the current staffing model should underwrite the trailing statements instead.
Room to grow:
The cash flow model assumes no growth. Advertising ran under $3,300 for the year with no paid acquisition of any kind. HYROX programming, kids camps and birthday parties, personal training, nutrition coaching, corporate wellness, merchandise, and a fuller event calendar are all open to a new owner.
Terms:
$250,000, asset sale. Seller financing up to $125,000 to a qualified buyer. Eight weeks of seller training and transition support - seller is willing to extend if needed.
Financials provided to qualified buyers under NDA.
The location is what this market can’t solve:
Competitors here operate in mixed-use buildings with residential tenants, noise limits, and landlords who restrict permitted uses. This is a standalone building on its own lot, with room for outdoor programming and no residential adjacency. Fitness-use zoning was approved in 2022 through full legal, architectural, and municipal review. That work is done and transfers.
Fully equipped, owned outright:
Approximately 2,400 square feet. Rogue Monster Lite rig, 6 Concept2 SkiErgs, 6 BikeErgs, 4 Assault Air Runners, 2 Assault Bikes, 24 barbells, and a full Rogue dumbbell, plate, and kettlebell set. Updated bathroom and shower, electrical, lighting, camera system, and keyless entry. 2,200 square feet of heavy-duty flooring. No equipment financing to assume. FF&E estimated at $75,000, included in the price.
Priced for a working owner:
The business is currently run fully absentee. The owners take no salary and spend roughly 6 hours per week on it, so the payroll carries a manager, two full-time coaches, and five part-time staff. Labor runs close to 59% of revenue.
For an owner-operator, the economics are different, with the potential to absorb half the administrative load. Additionally, adjusting rates and passing card processing fees through to members brings normalized cash flow to approximately $166,035. The asking price is 1.5 times that figure.
A complete line-by-line build tied to the trailing twelve months is provided under NDA so buyers can test every assumption. This is an owner-operator opportunity; a buyer who intends to keep the current staffing model should underwrite the trailing statements instead.
Room to grow:
The cash flow model assumes no growth. Advertising ran under $3,300 for the year with no paid acquisition of any kind. HYROX programming, kids camps and birthday parties, personal training, nutrition coaching, corporate wellness, merchandise, and a fuller event calendar are all open to a new owner.
Terms:
$250,000, asset sale. Seller financing up to $125,000 to a qualified buyer. Eight weeks of seller training and transition support - seller is willing to extend if needed.
Financials provided to qualified buyers under NDA.
About the Sale
- Seller Motivation
- New Business Direction
- Transition Support
- 8 Weeks
- Financing Options
- Owner Financing Amount $125,000
Listing Info
- ID
- 2500172
- Listing Views
- 513
Listing ID: 2500172 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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