$399,000

Health and Fitness Center

Illinois/South Suburbs
Financials
  • Price: $399,000
  • Gross Income: $239,000
  • Cash Flow: $82,000
  • FFE: $333,000
  • Inventory: $1,500
  • Real Estate Value: $530,000
  • Source Data:
About the Business
  • Listing ID: #N109
  • Year Established: 2000
  • Financing: up to 30%, including real estate!
  • Training: Seller will stay on and provide training for a period of time and terms to be discussed prior to offer. Seller will also execute a non-compete agreement.
  • Facilities: Very nicely built-out fitness center. Plenty of parking. Nice selection of new equipment.
  • Competition:
  • Growth: An owner willing to actively manage the business can exponentially increase profit. Current owner no longer has the energy required to run multiple businesses and is looking forward to retirement.
  • Employees:

Property Descriptions

Tremendous Owner-Operator opportunity!This business is superbly located in the middle of the downtown district on a busy street. As a result, the business is advertised free to thousands of passerby's each day. This fitness club is filled with state of the art equipment and personal trainers ready to instruct patrons how to properly use the equipment. An owner willing to actively manage the business can exponentially increase profit. Current owner no longer has the energy required to run multiple businesses and is looking forward to retirement.In addition, substantial real estate is available for purchase as part of the deal. Plans for serious industrial development in the near future will have a positive impact on the economic success of businesses as well as property values. This truly is a lovely business with tremendous potential.For more information, e-mail Dana Frazier at dfrazier@sunbeltnetwork.com for a non-disclosure agreement and to initiate next steps.

The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

Business Listed By

Dana J. Frazier 641 N. La Grange Rd., Illinois, Frankfort