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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 |
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.
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