Longstanding Profitable Cycle Studio

New Haven, CT
New Haven County


Asking Price: Annual Revenue:
$180,000 $253,680

Recreation: Gyms, Health & Fitness, Sports


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RE: Longstanding Profitable Cycle Studio Broker: Mitch McGinley
License #: 02092636

Quick Facts

Asking Price: $180,000
Annual Revenue: $253,680
Net Profit: Not Disclosed
Cash Flow: $68,652
Total Debt: Not Disclosed
FF&E: $35,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 10
BBN Listing #: 327223364
Broker Reference #: 21671

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Business Overview:

Independent cycle studio located in excellent area near Yale. Constant refresh of new clientele. Seller states sales, memberships and profit continue to grow as it is almost fully recovered from Covid. Tight-knit community, beautiful space, and top shelf veteran instructors and staff. For inquiries please contact Mitch.

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Property Features and Assets:

2,000 square feet, total rent is $4,381, lease ends 12/2025 with 1, 5 year option.

Reason for Selling:

Retiring

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 not a franchise resale opportunity.

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