Excellent opportunity, Gold’s Gym is considered the most effective of the most effective fitness centers in the World. This Corporate sale of this highly successful five year young franchise gym presently owned by an absentee corporate partnership group and located in Northern Brand-new Jersey. This Franchise gym is by far the most recognized name in industry, serving millions of members throughout the United States.
This ultra-modern facility consists of 12,000 square feet, with modern state of the art equipment and services 500 members daily. The business has actually a 2014 gross yearly income of $1,110,401, net income of $342,972 and a growing net yearly income. The original cost to build out including the required equipment cost represented an investment cost of $750,000. This gym offers a full menu of exercise activity and has actually continually evolved its profile by offering the most effective amenities and the latest in cardio and strength training equipment as well as the most dynamic group exercise programs including Zumba, yoga, group cycling, mixed martial arts, muscle endurance training, and Pilates.
The franchise was originated in the 60’s and their global locations are estate to the most diverse group exercise classes and amenities in the industry. Combine that with their best-in-the-business personal trainers and you have actually an unmatched fitness experience.
The sale includes a large variety of state of the art equipment with a substantial replacement value including specific software for this fitness industry, accounting software, camera system and additional equipment required for this particular service industry. This particular service business has actually several employees including an operation manager who are unaware of the pending sale and fully expected to remain post closing. This business location has actually private parking on the site and part of the lease. The business is operational seven days weekly with hours from 6:00 am to 11:00 pm.