Business For Sale

State of the Art Fitness Facility – 90% Repeat Biz

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$310,000 $658,153

Services: Non-classifiable

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RE: State of the Art Fitness Facility – 90% Repeat Biz Broker: Andy Rosenthal
Owner Financing is Available!
Please inquire for details.

Quick Facts

Asking Price: $310,000
Annual Revenue: $658,153
Net Profit: Not Disclosed
Cash Flow: $107,484
Total Debt: Not Disclosed
FF&E: $283,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 6
BBN Listing #: 639449474
Broker Reference #: Not Disclosed

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Business Overview:

Founded in 2011, this well-established business specializes in personal training options for athletes, individuals and groups of all ages and fitness levels. With double digit sales revenue growth, it continues to thrive in 2019 as a reliable source of strong cash flows. The seller recently raised rates with very little resistance. The gym is poised for a strong 2019.

This turnkey business would be a perfect fit for anyone with general business experience as their attractive business model allows for a seamless transition even for someone who is not familiar with the industry, especially since their trained employees and certified trainers complete most daily operations.

With over 7 years of proven cash flows and over $283,000 worth of FF&E included with the sale, this high quality acquisition opportunity offers a path towards substantial overall return on investment.

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Property Features and Assets:

The business is operated from a leased 6,000 square feet space. The seller recently re-configured the space to add 200 SF of floor space.

Market Competition and Expansion:

Enroll additional personal trainers, open smoothie/supplements bar, event hosting/community group partnerships.

Reason for Selling:

Focus on family

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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