Boutique Franchise Gym (Multiple Locations)

Mercer County, NJ

Seller Financing Available

listing image
Asking Price:$799,000
Inventory:$25,000
FF&E:$400,000
Gross Revenue:$390,840
Rent:$11,760/Month
Established Year:2023
BUSINESS DESCRIPTION

You know the importance of being healthy. You love helping people achieve their goals. You dream of owning your own gym. Why wait? This New Jersey franchised boutique gym has everything in place for a new hands-on owner.

Membership based, the gym provides a fun workout for clients of all ages, backgrounds, and fitness levels. Clients can purchase a one day class, 4 or 8 classes a month, or unlimited classes. Merchandise is also available for purchase. Members enjoy a workout that includes:
• Strength and Cardio Circuits
• Body Weight Conditioning
• HIIT
• Boxing

The gym sits on one of the busiest roads in the state. In fact, the daily traffic count is nearly 40,000 vehicles. Minutes from the nearest interstate members have access from wherever they are. Surrounded by 3 colleges and the only Whole Foods in Mercer County makes this a central hub for many of the surrounding towns.

There is no need to wait and struggle to establish your own business. Fully turnkey, this gym has a management team, sale staff, and 7 trainers already in place. Additionally, they have a solid base of nearly 300 members. Currently pursuing new memberships, the goal is to reach 350 by the end of 2024. As part of a known national franchisor, they train you on how to run the business. Plus, the franchisor provides ongoing support including a community of other franchisees. You’ll have your own gym with a built-in support system!

Established only a year, the gym will take off with a hands-on owner who dedicates time to growing the business. The current owners are pursuing their careers and don’t have time to give it the attention it deserves. Since health is a bigger priority than ever, now is the time to make your dream of gym ownership a reality!

Investment Considerations:
• Seller Financing Available
• Established Business
• Excellent Location
• Well-Trained Management & Staff In Place
• One of the owners wives willing to stay on as an employee
• All New Equipment & A/V Setup ($400,000 value)
• Four Additional Franchise Licenses available for purchase
• Can be sold as a package with 2 Established Gyms
• Growing Industry
• Top Rated Franchise
• Strong Franchisor Support


Franchise Fees Information:
Transfer Fee: $10,000
Royalty Fee: 7%
Marketing Fee: 2%


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,600
Lease Expiration
23/11/2033
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Franchise
This business is an established franchise
Report an Issue with this listing
Danny Payson
Danny Payson