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Turnkey, Tech-Forward Fitness Studio in Growing Market

Schaumburg, IL

Seller Financing Available

Asking Price:$110,000
Gross Revenue:$271,692
Rent:$3,220/Month
Established Year:2010
Cash Flow:$53,070
Inventory:$1,500
FF&E:$25,000
Listing ID: 2313333Listing provided by BizBuySell
BUSINESS DESCRIPTION

Award Winner with Loyal Members & Outstanding Reviews!

Exciting opportunity to own a growing smart gym that’s changing the way people approach fitness! Built around innovative, AI-driven technology, the studio specializes in helping adults over 50 get stronger, feel healthier, and live more vibrant lives—all in just two 20-minute sessions per week. With its personalized approach and focus on efficiency, this business is designed to meet the needs of today’s busy, health-conscious clients of all ages.

As the original franchise location, this studio has been a trusted name in Schaumburg for 14 years. Membership has grown to 130 as of October 2024, with trailing 12-month revenue of $271,692 and cash flow of $53,070. Located in a thriving Chicago suburb known for its growing population and rising income levels, the studio has earned a strong reputation, winning “Best of the Best” in the Daily Herald Reader’s Choice Awards three years in a row and collecting hundreds of glowing online reviews.

With a solid foundation in place, the business offers exciting opportunities for further growth. Tapping into Schaumburg’s expanding population, strengthening local partnerships, and increasing marketing efforts are just a few of the ways a motivated buyer could take this business to the next level. Corporate efforts to expand insurance partnerships and additional revenue streams also add to the potential.

The current owner spends 25-30 hours per week networking, planning, and supporting the team of three full-time employees who keep the day-to-day operations running smoothly. This business is ready for a new owner to build on its success and take advantage of Schaumburg’s growing market. This is an incredible chance to own a proven, growing business in an ideal location. Don’t miss your opportunity to step into ownership and continue the success of this unique fitness studio.

Inquire now for NDA by email!

DETAILED INFORMATION
Location
Schaumburg, IL
Inventory
Included in asking price
Real Estate
Leased
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale price includes all of the assets required for running the business, which includes: 14 fitness machines (5 proprietary and 9 traditional gym/cardio machines), newer squat/vertical lift/shrug machine, office furniture (desk, chairs, filing cabinets), 2 computers, and an InBody 750 Composition Device. These materials are valued at approximately $25,000. The $1,500 inventory is included in the sale and encompasses: cleaning materials, janitorial supplies, office supplies, and retail items such as nutritional supplements, merchandise, etc.
Competition
Fitness is a $33 Billion Industry, yet many people feel left out. Look around boutique studios & big box health clubs, and you will find very few people among their membership aged 50+. These consumers control much of the disposable income in the U.S. & are a large and fast growing demographic. With 1 in 6 Americans projected to be over 60 by 2030, this brand caters to an increasing demographic that values health and longevity, offering scientifically-backed, efficient 20-minute workouts twice a week.
Growth & Expansion
This Schaumburg location offers significant growth potential. Expanding insurance reimbursement options could drive revenue, while Schaumburg’s growing, affluent population provides a steady stream of potential clients. Partnering with local businesses for corporate wellness plans and improving lead follow-up can boost memberships. Additionally, deepening community involvement through local events and outreach can enhance visibility and attract new clients in this thriving market.
Financing
Some seller financing available
Support & Training
Franchisees are fully supported by corporate team. No fitness experience required. Corporate provides training, comprehensive video library, and a remote certification process for each new hire. Support also includes yearly national conferences, regular webinars, dedicated support staff, full sales training, lead management best practices, and on-demand sales support.
Reason for Selling
New opportunities
Franchise
This business is an established franchise
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