Unique, High Tech and Profitable Fitness Center

Not Disclosed, IL
DuPage County

Asking Price: Annual Revenue:
$195,000 $155,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Unique, High Tech and Profitable Fitness Center Broker: Seller of Business

Quick Facts

Asking Price: $195,000
Annual Revenue: $155,000
Net Profit: Not Disclosed
Cash Flow: $90,500
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: $18
Year Established: 2015
Employees: 3
BBN Listing #: 846053032
Broker Reference #: 200220

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Business Overview:

Incredible opportunity to take over a well-established fitness center. The business is located in DuPage county and the current owner wants to expand to open another location to establish a potential growing franchise.
During the Covid 19 lockdown, members were engaged with personal training using phone apps and live video classes. Since the lockdown has eased, very few clients have left and only approximately 10% are on hold. The number of members is very close to the number in September 2019 which is due to great member enthusiasm for the fitness center/program. September 2020 saw an increase in new member of 20% compared to September 2019. These impressive results in the face of Covid 19 indicate that the business is very well positioned to benefit from the renewed national focus on overall physical health in the over 40 age demographic after the Covid 19 pandemic is over.
A new owner with a passion for people, health and fitness can earn a good living and potentially grow in the future while working in a fun and life changing industry.

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Reason for Selling:

Owner wants to expand and franchise.

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 not a franchise resale opportunity.

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