Old Town Chicago - Premium Group Fitness & Private Training Studio
| Asking Price: | $75,000 |
| Inventory: | $75,000 |
| Established Year: | 2020 |
| Gross Revenue: | $65,000 |
| Real Estate: | $400,000 |
Good for Fitness , Physical Therapy, Chiropractic, Medical business
Studio is around 1800 SF near Division / Larrabee (Halsted). There is a Target, Police Station, and Fire Station within 1/2 a block. It's also right across the street from the #1 ranked Elementary School in Chicago (Skinner).
The gym itself is outfitted with top of the line equipment - Woodway Treadmills, Sorinex, etc. We've spent additional funds ($35,000) to soundproof the entire space as there are 30 luxury condos above us.
The studio currently offers small group training classes (up to 10 people) and then is open for one on one training / studio rental outside of class times.
We are running 4 classes per day right now (2 in the AM and 2 in the PM) Monday through Friday. Saturday has 2 classes in the AM. No classes on Sunday.
Selling as I have another business that is taking up my time and I am living in FL half the year.
Revenue is down due to neglect and willing to cut a great deal to the new owners!
I am open to the following two options for sale (I own the gym business & I own the retail space):
1. Sell business + Retail Space (TOGETHER)
2. Sell business ONLY
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