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South side of Bloomington

  • Listing No.: 205-20346

  • Category: Fitness

Asking Price $700,000
Down Payment
Gross Revenue $559,785
Total Adjusted Net Income $263,335
Equipment / Fixtures $96,847
Year Established 2012
General Location South side of Bloomington
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Highly profitable fitness center for sale in Bloomington, IL. The owner has mastered social media advertising in the fitness space. This, together with his coaches that are passionate about helping people, have created a profit juggernaut. He is planning to relocate to Kansas City and wants it sold. Owner believe you can continue to grow the business by further development of the virtual offering he has created during COVID and adding additional product lines like retail supplement sales.

Gross Revenue $559,785 Listed Price $700,000
Total Income $263,335 Down Payment
Base Rent $2,040 Square Feet 5000
Total Rent $2,040 Lease Expiration 12/2022
Rent Deposit $4,000 Lease Options 1/2
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $96,847 Other Assets
Full-Time Employees 3 Training Period 30 Days
Part-Time Employees Special License Required
Contract Staff 3 Reason for Selling Moving to Kansas City

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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