Business For Sale

Health & Fitness Club

Cary, IL
McHenry County

Asking Price: Annual Revenue:
$195,000 $283,187

Recreation: Gyms, Health & Fitness, Sports

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RE: Health & Fitness Club Broker: David Burchert

Quick Facts

Asking Price: $195,000
Annual Revenue: $283,187
Net Profit: Not Disclosed
Cash Flow: $91,237
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 1
BBN Listing #: 303444552
Broker Reference #: 5717-81046

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Business Overview:

Recognized franchise brand 24 hour health and fitness club open 365 days per year.

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Property Features and Assets:

Franchised Health and Fitness Club located in a highly visible retail strip center and on a well-traveled road. Open 24 hours per day and 365 days per year which allows the 650 members access to cardio equipment, weights, tanning beds and small group training rooms. The 4,500 SF space allows room for equipment having an original cost of over $200,000 and private bathrooms, tanning and training rooms. This popular brand has a simple business model which allows for low operating costs and which is recognized for developing an app which is available to members and serves as a platform to download workouts, track food, and interact with other members. This is a highly profitable, turn-key operation with a growing membership count. Owner is willing to offer seller financing for up to 50% of the purchase price for a qualified buyer only.

Market Competition and Expansion:

1 million people join health clubs each year and the industry has a 2.8% annual projected growth rate from 2014 to 2019. Potential Growth: Increase personal training and tanning room marketing.

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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