Upscale Full Service Fitness Club For Sale

Karate Pilates Kick Boxing Yoga Gym Club for sale in NJ

Information about Upscale Full Service Fitness Club For Sale:

Type of Club : Karate, Pilates, Kick Boxing, Yoga, Gym
Club Facilities : Cafeteria, Spinning Room, Group Exercise, Personal Training, Locker Rooms, Free Weights, Cardio
Rating :

Brief Description : This immaculate fitness club was established in 2001. It has been owner operated by one individual since it's inception, and offers services including: Cardiovascular & Strength equipment, 40+ Group Fitness classes weekly (including Spinning, Boot Camp, Circuit training, Zumba, Barre, Yoga), Personal Training, Fitness Evaluations & Fitness Movement Screens, Massage Therapy, Nutrition Consultations, Child Care and full service locker rooms with showers, steam room, towel service and full amenities. Proprietary software for fitness evaluations is used by all Personal Trainers to create exercise prescriptions and track fitness improvement over time.

This club is a turn-key operation, with all systems in place and reliable staff. Several of the staff have been employed by the club for 5-13 years. The club has no debt, and has 4 additional years on the lease as well as two 5-year renewal options.

Further information is available upon request.

Listing Details

Lease Term: Current 5-year NNN lease expiring 9-30-2021. Two 5-year renewal options through 9-30-2031 with predetermined rent increases are also included.
Monthly Rent: $17 (USD) per sq ft per annum
Inside Sq. Ft: 11,000 square foot facility
Year Established : 2001
Operating Hours: Monday-Thursday 5:30am-10pm; Friday 5:30am-9pm; Saturday 7am-6pm; Sunday 7am-5pm
# of Full-Time Employees: 47

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