Popular Gym with a Unique Proven Model

Chicago - Near SW Suburbs LISTING #: 17560

With over 38 years in business, this popular gym has provided a safe and supportive environment for people to reach their fitness goals! With an average of 1,750 members, this gym is highly profitable and the owner benefits from predictable subscription revenue. The seller was planning to sell before COVID and although 2020 has been challenging, they have done a fantastic job maintaining their loyal membership base and September sales are up YoY. The seller has over 40 years of experience in the fitness industry and they are committed to training a new owner and providing ongoing support. This acquisition includes a significant amount of fitness equipment in addition to an impeccable facility with an attractive lease. The location is on a main thoroughfare just outside of Chicago in a popular Southwest Suburb. This gym has served the seller well and the unique model can be replicated for someone with the desire to franchise. This business has provided a comfortable lifestyle for the seller and they are excited to help a new owner thrive in the lucrative and healthy fitness industry. Please email info@lighthousebusinessbrokers.com to sign the NDA and receive the prospectus.

$691,000
$164,000
$100
1982
Yes
25 FT
   $375,000

Andrew Rosenthal
Andy@LighthouseBusinessBrokers.com

Office: LBB Chicago
Phone: 312-291-4620

   Property Leased: Yes
   Monthly Rent: $15,200
   Real Estate Included: No
   Inventory Included: Yes
   Building Size: 10000 sq ft
   Hours of Operation: Monday - Sunday
   Franchise: No
   Reason for Selling: Retirement

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