Row House is a "pioneer in the boutique indoor rowing space". It makes sense! Rowing is gaining in popularity and demand across the country. This highly efficient and low impact workout is great for all ages, and appeals to a wide range of demographics and athletic abilities. This particular location in a popular area of Brooklyn. Owner explains the location was set to have its grand opening in March of 2020. Covid kept them shut down until March 2021. So the studio has been in operation for just over a year with a fully trained and competent staff. Studio is not quite profitable but close. Owner has invested close to half a million dollars in the buildout, which spared no expense, including showers. Owners are selling due to birth of new baby and time constraints. Multiple other territories for sale around NY if interested. Can convert to another fitness concept. Please contact Mitch.
- Asking Price:
- $99,000 Furniture / Fixtures included
- Sales Revenue:
- $145,333
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends 3/2030, 2, 5 year options
- Leasehold Rent:
-
14,106/month per annum
- Size in square feet:
- 2,731
Business Operation
- Reasons for selling:
-
Baby
- Employees:
- 11
- Years established:
- 2020
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
2 Weeks
- Furniture / Fixtures value:
- $70,000 - included in the asking price
