Turnkey Gym - Includes Equipment

Spring Grove, IL (McHenry County)

Seller Financing Available
Turnkey Gym - Includes Equipment
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Asking Price: $290,000

Cash Flow: $144,831

Gross Revenue: $613,468

EBITDA: N/A

FF&E: $50,000

Inventory: $100

Rent: $7,100 /Month

Established: 2010

Turnkey Gym - Includes Equipment

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Business Description

Turnkey Gym - Reliable Cash Flow

Established and popular gym with reliable subscription cash flow. 8 year track record with consistent profits over the past 3 years. Loyal customer base producing reoccurring revenues. Owner spends 20-30 hours a week managing the gym, employees handle the day to day operations. Great reputation for training athletes of all levels. Healthy lifestyle business that enriches the community through physical fitness.

This is a great opportunity for someone interested in the fitness industry. Inquire for more information.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
15,000
Lease Expiration:
N/A
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
15k SF space fully outfitted
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Personal
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(from currently available funds)
 
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Andrew Rosenthal

Business Listed By:
Lighthouse Business Brokers

Lighthouse Business Brokers

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