Turnkey Boutique Fitness Studio in Old Town Chicago for $85k

Asking Price$85,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$68,000
Included in asking price
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Turnkey Boutique Fitness Studio in Old Town Chicago for $85k


Asking Price$85,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$68,000
Included in asking price

Seller Financing Available
Business Description
Own a beautifully designed, fully equipped boutique fitness studio in Old Town Chicago.

This fitness studio presents an opportunity for an owner-operator, personal trainer, fitness professional, or entrepreneur to acquire an established fitness business without the significant time and capital required to build a studio from the ground up.

The approximately 1,650-square-foot studio features a modern, high-end buildout and approximately $68,000 in fitness equipment, furniture, fixtures, and other assets included in the sale. The space is designed to support personal training, small-group fitness, strength and conditioning, and other specialized fitness programming.

This fitness studio has been operating for approximately seven years and has developed a business model centered around personalized service and a more intimate training environment than a traditional large-format gym. Revenue is generated through multiple fitness offerings, providing a new owner with an established foundation from which to grow.

One of the most compelling aspects of this opportunity is the potential for continued growth. 2026 performance has improved significantly compared with 2025, with approximately $71,000 in revenue generated through August 2026 compared with approximately $82,000 for all of 2025. The business has also moved from an operating loss in 2025 to positive operating income through August 2026.

The current owner operates the studio while maintaining a separate career and spends approximately 10 hours per week managing the business. Responsibilities include member management, social media, cleaning and studio upkeep, teaching select classes, and training select clients. The studio also utilizes established fitness instructors/trainers who support service delivery.

For a hands-on buyer, there are several opportunities to increase revenue through expanded memberships and personal training, additional classes and programming, increased utilization of the facility, stronger digital marketing and social media, corporate wellness partnerships, and community collaborations.

Highlights include:

- Established Chicago boutique fitness studio
- Approximately 7 years in business
- Approximately 1,650 SF facility
- High-end, modern studio buildout
- Approximately $68,000 in FF&E included
- Extensive strength and functional training equipment
- Multiple revenue streams
- Existing trainers/instructors
- Improving 2026 operating performance
- Current owner operates the business on a part-time basis
- Opportunity for an active owner-operator to drive additional growth
- Seller willing to provide transition and training support
- Seller financing may be considered for a qualified buyer

This opportunity may be particularly attractive to an experienced personal trainer or fitness professional who currently trains clients at another facility and is ready to operate their own studio, as well as an entrepreneur looking to enter the fitness industry through acquisition rather than starting from scratch.

Serious inquiries only. Additional financial, operational, lease, and equipment information will be made available to qualified buyers following execution of a confidentiality agreement.
About the Business
Years in Operation
7
Employees
3 Contractors
There has been no employee turnover under current ownership.
Facilities & Assets
Sorinex strength equipment: Full rack, half rack, custom functional training rig, sleds, barbells, plates and multiple attachments.

Cardio equipment: Woodway Pro and Woodway Desmo treadmills; Rogue Echo Bike.

Free weights & functional training: Dumbbells, kettlebells, PowerBlocks, hex bars, medicine/slam balls, resistance bands, battle ropes, BOSU trainers and more.

Studio infrastructure: Approximately 14 large fitness mirrors, soundproofing/buildout, flooring, lighting, signage and reception furnishings.

Marketing & operating assets: business name and branding, logo/files, domain, website access, business phone/email, member and lead lists, social media accounts, Google/Yelp presence, Meta ads account and Canva templates, subject to transferability.

Operating platforms: Mindbody, ClassPass and Gympass accounts/access, subject to transfer requirements.
Market Outlook / Competition
There are a few direct competitors, however this fitness center's differentiator is its true small-group training model, intended to deliver a more
Opportunities for Growth
Chicago’s boutique and group fitness market continues to benefit from strong consumer interest in strength training, personalized fitness experiences, and community-driven wellness. Consumers are increasingly seeking smaller, specialized studios that provide more individualized attention and a sense of community than traditional large-format gyms.

Strength and functional training are particularly well aligned with these changing preferences, creating opportunities for established studios with quality equipment, experienced trainers, and flexible programming. This fitness business is positioned to serve this demand through its combination of personal training and group fitness offerings in an intimate, well-equipped environment.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,650
Rent
$3,675 per month
Lease Expiration
12/31/2029
About the Sale
Seller Motivation
Moving out of the state
Transition Support
Seller is willing to provide approximately 30 days of transition training and is open to post-closing consulting.
Financing Options
We have SBA7(A) lenders and alternative financing resources
Listing Info
ID
2553889
Listing Views
21

Listing ID: 2553889 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.