NEW MODERN GYM

Financial & Assets Details

About the Business

Business Description

Excellent business opportunity to own this privately owned modern multi use boutique Fitness Center /Gym located in Paterson, New Jersey at an extremely aggressive price. The center presently has approximately 300 registered members and continues to increase monthly. This state-of-the-art center has everything, from cardio, spin room, yoga, Zumba, MMA classes, personal trainers, and self-defense. The present owner is semi absentee and cannot continue to manage this business opportunity with his schedule. The facility is conveniently located to its members and in a modern commercial building. This is a dependable business opportunity and expect to supply a dependable investment return to the owner operator prior to debt service.

Growth & Expansion

The business is newer and requires additional time to develop and with the continued marketing plan the business expects to further improve its corporate income.

Seller Financing

To be negotiated

Market Competition:

To the best of our knowledge no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.

Location Details:

This modern retail fitness center consists of 6,500 square feet with an attractive appearance. The business is in a mid-size commercial building with various other retail businesses. The business has a capacity of one hundred and twenty members, is located in a highly populated urban city in Passaic County with continued demand for this personal service industry.

Support & Training

The owner will remain after-closing for 30 days and supply a transitional period.

Reason for Selling:

Absentee owner