National Indoor Cycling Franchise in West Broward

Business
  • Listing# : 16596
  • Listed Price : $225,000
  • Total Sales : $299,411
  • SIC : 7992
  • Down Payment : $225,000
  • Status : Active
  • Discretionary Earnings : $53,277

Business Type :

Fitness / Fitness Center

Business Description :

Reason for Sale- Relocating- National Indoor Cycling Franchise in West 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 East-West 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 2,700 + square feet, 3 baths and 3 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 2036 Executive Summary available to a qualified buyer. 2021 #'s thru July. Video tour available.






Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $5,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $67,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $407,095
    • Incl : Yes
    • Total Assets $479,095
    • Incl : Yes

Lender Prequalified: No

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