Award-Winning Cycling Studio

Providence, RI
Providence County

Asking Price: Annual Revenue:
$450,000 $629,038

Recreation: Gyms, Health & Fitness, Sports

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RE: Award-Winning Cycling Studio Broker: Arthur Williams
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $629,038
Net Profit: Not Disclosed
Cash Flow: $187,027
Total Debt: Not Disclosed
FF&E: $256,189
Real Estate: Not Disclosed
Year Established: 2018
Employees: 18
BBN Listing #: 122929613
Broker Reference #: FLO-123

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Business Overview:

This fitness franchise location offers state-of-the-art exercise options for cycling enthusiasts. Clients customize their cycling routines with experienced instructor-led indoor cycling classes which range from high-energy workouts, to competitive rides, to intense interval rides, all offered year round. Instructors offer encouragement, advice, and corrections to motivate each participant toward their individual goals. The prime retail location provides easy access for local clients and franchise members from around the country who visit the area.

This business is top-rated within the franchise and has won ‘best of’ awards at both the local and state levels. Focused on serving the niche fitness market of indoor cycling, the franchise offers strong marketing and owner support. This is a well-established business with a large roster of returning clients and limited competition in the region. The owners are moving out of the region but are willing to train a new buyer following the closing, in addition to ongoing training and support offered by the franchise.

This is an established business. This is neither a new franchise nor a start-up opportunity.

Please look for an email with the subject "Morgan & Westfield –“Award-Winning Cycling Studio” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement.

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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