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Franchise Fitness Center
Location: United States -> New Jersey -> Burlington County
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Retro Fitness puts you in the right space at the right time. Even during times of economic challenges, the fitness center industry remains strong. In fact, U.S. health club industry revenues for 2013 totaled $22.4 billion. And industry analysts predict a steady growth in the demand for health, wellness and fitness among all demographic groups-from Millennials to Baby Boomers. Retro Fitness offers you an incredible opportunity to leverage the potential of the fitness industry and is currently on track to grow to 700+ locations by 2020. Only a third of Retro Fitness owners are owner/operators. The rest leave the day-to-day operation of the club to their trusted managers and staff, with the ongoing assistance of Retro Fitness corporate. The current franchise owners come from diverse industries and backgrounds. But they have one thing in common: they were looking for an outstanding investment opportunity that would benefit themselves and their families. And they were looking for that balance between lifestyle and business investment, and they found it with Retro Fitness. State of the art facility to get and stay fit for just $19.99 per month. Each club provides members a one-stop-shop with everything from cardio to weight training, group classes to child sitting. Predictable monthly income from membership base. Multiple revenue centers including Retro Blends Juice Bar, Personal Training and Group Fitness grow bottom line earnings. A flexible, manager run business with a streamlined and simple set of operations. Dedicated support from industry experts in every stage of development to ensure a smooth road to success. People are watching their pocketbooks and waistlines today more than ever. Ideal for a high value, low cost gym concept like Retro Fitness. This industry requires franchise approval to purchase. This business has six full & part time employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $14,800.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $495,536
Cash Flow:   $104,000
Cash Flow Type:  EBITDA
Inventory:  $370,000
Seller Financing:  Yes

About The Business

Year Established:  2010
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller owner who is semi absentee and will remain post-closing in order to supply an appropriate transitional period to the new operator.
Reason For Selling:  The present owner is absentee with full time employment.




Print Listing Id: 700325366
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > New Jersey Businesses For Sale > New Jersey Franchises For Sale > New Jersey Business Brokers



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