Top Fitness Franchise and Private Personal Training Space

Union County, NJ
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Asking Price:$1,699,000
Inventory:$25,000
FF&E:$500,000
Gross Revenue:$860,000
Rent:$6,900/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 most sought after main streets in NJ. In fact, you have access to 250,000 residents nearby. The town is ranked nationally as one of the best places to live in NJ.

There is no need to wait and struggle to establish your own business. Fully turnkey, this gym has a manager, sales staff, and 8 trainers already in place. Additionally, they have a solid base of nearly 475 members. Currently pursuing new memberships, the goal is to reach 500 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 about a year ago, the gym will take off continue to grow 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!

Unique space is 4700 sqft featuring a large franchise HIIT studio, large retail space, private office and conference room with private entrance, parking lot AND 1200 sqft of state of the art private training gym with over $100,000 in equipment included.

Investment Considerations:
• Seller Financing Available
• Established Business
• Excellent Location with unbelievable cheap long term lease in place ($13.80/sqft gross rent)
• 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 another franchised gym
• 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
6,000
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Franchise
This business is an established franchise
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Danny Payson
Danny Payson