Rarely available franchise fitness studio
Lake County, IL
Sale Pending
| Asking Price: | $130,000 |
| Gross Revenue: | $316,969 |
| FF&E: | $100,000 |
| Cash Flow: | $55,000 |
| Rent: | $3,300 |
| Established Year: | 2012 |
Listing ID: 2085450Listing provided by BizBuySell
BUSINESS DESCRIPTION
10+ year old established franchise boutique fitness studio located in a busy strip center in the northern suburbs of Chicago ready for new owner. Upscale clientele, with a lot of opportunities for growth. Cash flow from day one! Open to seller financing, and Franchisor waving $15k transfer fee to qualified buyer. Great business for first time buyer.
Family owned and operated since 2012. Ten years in business and offers it's clients a unique strength training program and enjoys 5 out of 5 google reviews.
Facility located in upscale community, with great potential for growth through expanded hours, direct mail, add equipment etc.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,600
Lease Expiration
27/02/2024
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Located in very busy and popular strip center
FF&E Overview: Fixtures, lighting, equipment
Competition
Exercise Coach offers a unique strength training program and enjoys 5 out of 5 google reviews.
Growth & Expansion
Facility located in upscale community, with great potential for growth through expanded hours, direct mail, add equipment etc.
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retirement
Franchise
This business is an established franchise
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