Turnkey Innovative Fitness Studio – Primed For Growth
Body Fit Training franchise for sale in Cook County, Illinois
List Price: $595,000 USD
Key Facts
Annual Gross Revenue
$360,000 USD
Cash Flow
Less than $25,000
Seasonal Business
No
Value of Inventory
Less than $25,000
Value of Assets
Greater than $500,000
Year Established
2024
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$8,000
Total Employees
Less than 10
+3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
SomeSeller financing Available
PassiveOwner
Involvement
About this Business
Operating Fitness Studio, ready for new owner! Exciting Opportunity Alert!
I’ve made the tough decision to offer up my thriving Chicagoland area studio for sale. I’m seeking a passionate new operator to steer the ship. Currently boasting over 150 members and steadily growing each month, we’re positioned as a top 3 retail sale studio, with a vibrant community rallying around us.
This is a one of a kind fitness studio leveraging progressive strength training, heart rate prescriptions to deliver maximum results. Our team is highly capable and fully autonomous, driving all studio operations with efficiency.
This could be the perfect venture for someone who has been in the fitness industry and ready to be their own boss or someone who is looking to break away from there corporate career and move into a passion project.
Growth opportunities
1) Member Expansion: Continue to grow membership numbers by implementing targeted marketing strategies and referral programs. 2) Diversify Offerings: Introduce new fitness classes or specialized programs to attract a broader range of members and cater to diverse fitness goals. 3) Retail Expansion: Expand retail offerings by introducing new merchandise and fitness gear to increase revenue streams. 4) Community Engagement: Enhance community events and workshops to foster stronger member relationships and encourage retention. 5) Digital Presence: Improve online marketing efforts and social media engagement to reach a wider audience and attract new members.
Owner's Day-to-Day Involvement
Currently, the owner provides passive oversight for the business, primarily focusing on strategic guidance for the general manager. Weekly check-ins are conducted while the owner maintains a fitness routine. Additionally, payroll management and handling back-office tasks are efficiently managed by the owner, ensuring smooth operations
Franchise Accolades & Awards
Proudly Recognized for Diversity and Inclusion Initiatives within the Franchise Network. Awarded for Outstanding Customer Service and Member Retention Strategies.
Asset Description
Equipment Inclusion: In this sale, you'll inherit a comprehensive range of equipment provided by the franchisor, ensuring you're equipped for success from day one. This includes a variety of fitness equipment such as rigs, dumbbells, kettlebells, barbells, plates, rowers, ski ergs, box jumps, s-drive treads, bands, and sandbags. Additionally, the sale encompasses all AV equipment, including TVs, a sound system, computers, and a robust security system to safeguard your investment. Retail inventory such as shirts, leggings, socks, towels, and pop-up items are also included, rounding out this turnkey opportunity.
Inventory Description
Retail clothing, small retail space for boutique retail sales.
Reason for Selling
Due to personal changes and significant life events, I've made the decision to sell my thriving Chicagoland area Fitness Training studio. As our family is expecting our first child soon, I believe it's the right time for me to prioritize these new chapters in my life.
Why I Love My Franchise
My franchise systems commitment to excellence, community, innovation, and the transformative power it has on individuals' lives.
About Body Fit Training
Body Fit Training (BFT) is a boutique fitness franchise offering high-intensity group training sessions designed to deliver results in a supportive, community-focused environment. Founded in 2016, the brand has rapidly expanded, boasting over 100 locations across Australia and the U.S. BFT emphasizes personalized fitness experiences and community engagement, creating an inclusive atmosphere for members of all fitness levels. With an initial investment ranging from $300,000 to $600,000 and a royalty fee of 7% on gross sales, BFT appeals to fitness-focused entrepreneurs. As demand for group fitness continues to rise, driven by consumers seeking engaging workout environments, BFT’s emphasis on results-driven training positions it for continued growth in the thriving boutique fitness sector.
Franchisee Support
Body Fit Training provides extensive support to franchisees, beginning with a six-day training program focused on business operations, sales, and coaching techniques. Ongoing support includes real estate guidance, assistance with studio construction and design, and help in recruiting qualified staff. Franchisees also benefit from continuous marketing support, personalized campaigns, and monthly performance check-ins, ensuring they can effectively manage and grow their studios.
Brand Accolades & Awards
Body Fit Training has earned recognition as a Top Emerging Franchise by Entrepreneur magazine, reflecting its innovative approach to group fitness and rapid growth in the industry. The brand is also celebrated for its strong community engagement and effective, science-backed training programs, which have garnered positive reviews and a dedicated clientele.
Industry / Market
The fitness industry is valued at $35 billion, with boutique fitness as the fastest-growing segment. High-end fitness studios have been expanding rapidly, adding new locations at a rate of 450% per year since 2010. Currently, about 35% of all fitness memberships are held by boutique fitness centers, highlighting the strong demand for specialized, high-quality fitness experiences like those Spenga provides.
Ideal Owner
The ideal Body Fit Training franchisee is a fitness-focused entrepreneur with a passion for group training and community engagement. They should be energetic, motivating, and capable of fostering a supportive environment for members. Experience in fitness training or coaching is beneficial, along with strong leadership and communication skills to create a positive atmosphere and build a thriving fitness community.