This is an indoor cycling franchise with over 120 monthly recurring members. Seller is too busy with other businesses to put in the time to market and grow it. The business is new and just now breaking even. Ideal buyer needs to come in to take over operations and work to get to 175 members where the business makes a nice profit margin. Seller invested over $500,000 in FF&E and build out. Buyer needs to assume the lease of 43 cycling bikes. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) at
- Asking Price:
- $225,000 Furniture / Fixtures included
- Sales Revenue:
- $93,411
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Total monthly rent of $6,250.47
- Premises Details:
-
This is a leased location of 3,000 square feet with a Total monthly rent of $6,250.47. Lease ends 02/2031. Seller is active with 7FT and 7PT employees. Hours of operation vary per class. $125,000 in FF&E included in the asking price. $315,000 made in leasehold improvements.
- Size in square feet:
- 3,000
Business Operation
- Reasons for selling:
-
Seller is too busy to market and grow it
- Trading hours:
-
Hours of operation vary per class
- Employees:
- 7FT/7PT
- Years established:
- 2
Franchise Information
- Franchise opportunity:
-
Franchise Resale
Other Information
- Support & training:
-
14 days
- Furniture / Fixtures value:
- $125,000 - included in the asking price
