Wonderful business opportunity to own this privately owned modern multi use 14,000 square foot Fitness Center /Gym located in Monmouth County, Brand-new Jersey. The center presently has actually well over one thousand members and continues to increase weekly. This state of the art center has actually everything, from cardio, spin room, yoga, Zumba, MMA classes, modern showers & saunas, childcare, personal trainers, self-defense and a private chiropractor.
The present owner is absentee and cannot continue to manage this business opportunity along with his schedule. The facility is located on an active Highway convenient to its members and in a modern commercial mall. This gym additionally collects rent from two services representing thousands of dollars in rental fees. This is a dependable business opportunity which requires a full time owner operator to further develop. This particular business has actually twelve full & part time employees that are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $11,500.
The business has actually an assignable commercial lease which expires 2022-01-01 plus additional options, along with a monthly rent of $19,000 and rent security $19,000. The business facility which consists of 14,000 square feet has actually a capacity for approximately four hundred members. The sale includes a fully equipped fitness center which includes all the called for equipment, modern showers, saunas, a large assortment of equipment, POS system, including all the necessary equipment to maintain the day to day business operation. The facility has actually substantial mall private parking on site as part of the commercial lease. The business is active seven days per week, along with hours from 5:00 am to 10:00 pm. The sale includes the called for certificate of occupancy from the municipality and the various license approvals from the city.