Business To Buy

Health and Fitness Center

South Suburbs, Illinois
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.

Financials

Price: $399,000
Gross Income: $239,000
Cash Flow: $82,000
FFE: $333,000
Inventory: $1,500
Real Estate Value: $530,000

About the Business

Office Reference 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.
Business Listed By
Name: Dana J. Frazier
Company: Sunbelt Business Brokers
Phone: 815-806-8401

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