Business For Sale

50% Net Profit Margin Franchise Fitness Center

Confidential, IL


Asking Price: Annual Revenue:
$1,084,000 $738,030

Recreation: Gyms, Health & Fitness, Sports


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RE: 50% Net Profit Margin Franchise Fitness Center Broker: Toby Davis
Owner Financing is Available!

Quick Facts

Asking Price: $1,084,000
Annual Revenue: $738,030
Net Profit: Not Disclosed
Cash Flow: $362,729
Total Debt: Not Disclosed
FF&E: $4,400
Real Estate: Not Disclosed
Year Established: 1915
Employees: 8
BBN Listing #: 311538333
Broker Reference #: CHICAIL003-N1078

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Business Overview:

This fitness studio is one of the most successful (and fastest growing) franchisees in the country. As a result, it often receives “first-dibs” at new technology & marketing efforts tested by the franchisor. The studio sells memberships that provides access to group fitness classes, in-studio events, DJ nights, and transformation challenges. Due to the strong culture and fun atmosphere, the studio has a high retention rate and many of its new members are referrals from current members. The studio receives strong marketing and business support from the franchisor (on a needed basis). The efficient business model, low overhead and expenses, and small working capital requirements has resulted in nearly 50% profit margins. The current owner expects growth to continue in the coming years with a newly implemented POS system and fitness technology. The studio has a 5-year lease with 3 additional 5-year lease extensions (on very favorable terms) with a friendly landlord. There is an experienced staff in place.

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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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Disclaimer:

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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