Fitness Spin Cycle Center With Two Locations
Not Disclosed, VA Arlington County
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- RE: Fitness Spin Cycle Center With Two Locations
- Contact: John Devries
Quick Facts
| Asking Price: | $1,750,000 | |
| Annual Revenue: | $1,390,286 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $439,046 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 3 | |
| BBN Listing #: | 7086630 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Established 7 years this Cycle Fitness Center has 2 locations in the most desirable cities in the US. One location in NYC NY & the second location in Washington DC. Absentee owned & Fully Staffed with management for all the day to day operations. Their certified instructors are all Independent 1099 contractors. Each location has approximately 50 cycles and offer 4-9 classes per day. This cycle fitness center is performance-based & results-driven with optimal speed & resistance combinations available. Please refer to listing number 0101-483206 and advisor John Devries when inquiring.
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Property Features and Assets:
Lease/Month: $25,779;Square Footage: 10,000;Building Type: Plaza; Terms & Options: Negotiable; Expiration Date: 4/30/2027.
Reason for Selling:
Other interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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