Hot Listing

Leading Independent Fitness Facility

Asking Price$2,000,000

Cash Flow
$514,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,475,282

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,975,000
Not included in asking price
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Hot Listing

Leading Independent Fitness Facility


Asking Price$2,000,000

Cash Flow
$514,800
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,475,282

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$3,975,000
Not included in asking price
Business Description
A well-established and profitable independent fitness facility with real estate located in Camden County, NJ is for sale. The business is a recognized leader in its market and has been a well-known fixture in its community for over 40 years. The business has 4,200+ active members and offers a full suite of personal training packages, classes, and other programs to meet the various health and wellness demands of its growing customer base. The facility covers more than 26,000 square feet and includes several unique amenities that provide a significant competitive edge. The business will be sold along with the real estate, which has an additional rental income stream. The current owner now wishes to retire and believes the business is best suited to continue thriving under new ownership.

This opportunity has been prequalified for a Small Business Administration (“SBA”) bank loan. The total sale price of $5,975,000 for the business and the real estate can be financed with a $620,000 cash down payment.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
About the Sale
Seller Motivation
Retirement.
Transition Support
The seller will provide training and post-closing support.
Listing Info
ID
2377096
Listing Views
988

Contact Seller

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Business Listed by: Jeff MacAdam, CBI The Bridlebrook Group

Listing ID: 2377096 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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