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National Indoor Cycling Franchise-central In Broward For Sale

Broward County, Florida, US
Asking Price:
$100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$377,754
Cash Flow:
$22,338

Reason for Sale- Relocating- National Indoor Cycling Franchise in Central Broward- Calling all fitness enthusiasts! Invest in the largest network of Premium Indoor Cycling franchise studios, with 350 locations in the United States. This brand is experiencing rapid growth. The concept of indoor cycling has built incredible momentum over the last 30 years. Offering concierge-level service & premium amenities, this brand has capitalized on this momentum & is experiencing exceptional success in a proven industry. Opened in 2017, located in a high-end retail center on a well-traveled North-South artery, this established studio features a state-of-the-art facility and immaculately maintained equipment. Fully staffed by professional instructors, this studio is a turn-key opportunity for a new owner! This location consists of 2,800 + square feet, 3 baths and 2 showers, retail space, and a large common area. 10 plus months to build out, the total construction cost $500k+ (including soft costs, FF&E, and hard costs). It has everything you need to hit the ground running and take this company to new heights. Lease extends to 2026 Executive Summary available to a qualified buyer. 2022 Owner Benefit $22k for a working owner. Video tour available.

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Relocating out of state.

Trading hours:

Mon-Fri 5am-8pm; Sat-Sun 5am-12pm

Employees:
18 FT
Years established:
6

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price