Turnkey +A BBB-WELLNESS & BOXING STUDIO -Branded & Socialmedia strong!

Oak Park, IL (Cook County)

Seller Financing Available
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Asking Price: Get Financing: $1,260,000

Cash Flow: $105,000

Gross Revenue: $130,000

EBITDA: $74,000

FF&E: $15,000

Inventory: $1,500

Lease Rate: $1,300 /Month

Established: 2010

Turnkey +A BBB-WELLNESS & BOXING STUDIO -Branded & Socialmedia strong!

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Business Description

Motivated Seller

This entrepreneur start up began in 2009 in Oak Park,IL. Award-Winning & Trusted BBB A+ rating ,Private Wellness Consierge and Studio located in the beautiful community of Frank Lloyd Wright and one of the fastest growing green communities in the Country. A one man operation, hired independent trainers as need it. The studio brand has a influential social media presence with over 12k followers on combined platforms. The brand has been active in local charity events, fundraising, and community enhancement. The local media -Wednesday journal has also published an article on at home personal training featuring the brand.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
9/30/2020
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility is designed to offers smalll group private and one on one. It’s brand recognition with over 10 domain names. Two websites, flyer templates. Google search optimized. The MINDBODY scheduling and branded app.|Personal Training| Boxing | Yoga .| outdoor Bootcamps. The sky is the limit. The wellness studio equipment- plasma TV, Bluetooth speakers, technogym, Concept 2 rowers,Dumbbells, TRX suspension, barre bar, yoga mats, pilates rings, bands, mobile outdoor fitness equipment , athlete speed drills, and boxing bag and equipment.
Competition:
No other gym, studio comes close to the social media power of Oak spark Fitness studio. One of a kind private wellness studio. The area is blooming with new developments. Baby boomers are expected to be fast growing population in Oak Park- 100K. Ready to invest in their wellness! Obesity is on the rise. The studio reputation and goodwill is positioned to serve. A seven year five star rating on yelp, google, lessons.com.
Growth & Expansion:
The studio has over 100 members and the potential to increase since it’s facility is small. Cons: expansion requires a larger location. Cons: website and brand open to launch online store for triathlete, marathon runners and online fitness magazine. Expansion: the new owner can look into expansion into a local community 24 hour green gym and include a running store. Cons: company has DNB credit established, line of credit with other institutions, OPEN American Express, square, PayPal, Tranfirst, merchants. A Zero debt asset!
Support & Training:
Owner is willing to train and support the new owner for 6 month in transition and operation software training . After that As need it - for business coaching and marketing for a consulting fee.
Reason for Selling:
Focusing on other business expansion.
Business Website:
http://www.oakparkfitness.us
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Business Listed By:
tommaso Sanna

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