Turnkey Boutique Boxing + Fitness Studio in Prime River North Location

Asking Price$175,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$300,000

Inventory$500
Included in asking price
FF&E$200,000
Included in asking price
Hooked River NorthSave

Turnkey Boutique Boxing + Fitness Studio in Prime River North Location


Asking Price$175,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$300,000

Inventory$500
Included in asking price
FF&E$200,000
Included in asking price

Seller Financing Available
Business Description
Step into ownership of a fully built-out, cash-flowing boxing and fitness studio in the heart of Chicago's River North neighborhood. This is a rare chance to acquire a modern, boutique-style concept at a fraction of the cost of building from scratch.

In 2020, our client opened Mayweather Boxing & Fitness in a PRIME spot in the River North neighborhood of Chicago. In order to maximize revenue opportunity, the gym rebranded to River North Boxing Fitness in July 2025. This allows the business to expand the offerings and add additional revenue streams to the operation. Small group classes and a meal prep partnership have been added with multiple other opportunities under new ownership possible (see below).

The concept is an expertly programmed class experience that combines boxing combinations, cardio conditioning and strength exercises for a results-driven workout.

The River North Boxing Fitness business model is built around multiple revenue streams. While the core revenue stream is the recurring monthly memberships, the sale of merchandise, small group training and personal training packages are key drivers of additional profitability.

Attractive asking price of $175,000, well below typical boutique build-out costs, which are often in the $400,000 - $600,000 range.
About the Business
Years in Operation
6
Currently Relocatable
Yes
Facilities & Assets
PRIME LOCATION! Located in the heart of the residential area with 30,000 residents within walking distance. On the retail level of a 195-unit luxury apartment complex, the space boasts 48 feet of store front exposure right on Hubbard. One block from the Merchandise Mart (10m visitors annually) and convenient to the Brown Line El train. The space is 3,000 square feet with an enclosed lobby, men’s and woman’s restrooms with 2 showers in each and a storage facility. The AV system is state of the art, and the equipment has been maintained to top standard.
Website
https://rivernorthboxfit.com/
Market Outlook / Competition
Overall, there is no direct competition with boxing studios in River North. The competition is with other studio fitness brands such as Orangetheory, F45, Studio Three, etc. East Bank Club is also a few blocks away but generally their members are not our target clientele. Mayweather Boxing + Fitness is the premier brand in the boxing studio fitness space and is the only boxing club in River North.
Opportunities for Growth
River North BF has many potential avenues for future growth. Internally, there is also great opportunity to grow membership with an owner who focuses on grassroots and social media marketing. Working on corporate partnerships, private classes, a kids/teen program, additional personal training and retail would be areas of significant revenue growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$12,500.00 per month
Lease Expiration
3/1/2029
About the Sale
Seller Motivation
The owner lives in the suburbs and has taken another job opportunity.
Transition Support
The studio is fully staffed with a full-time manager and expert coaching staff. The owner is willing to assist during a transition period and would be open to keeping their signature class on Saturdays.
Financing Options
Open to seller financing or deal structures at the appropriate purchase price.
Listing Info
ID
2171041
Listing Views
3665

Contact Seller

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Business Listed by: Jim Bates Jackim Woods & Co.

Listing ID: 2171041 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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