Fully Supported Cycling Training Series

Houston, TX
Harris County


Asking Price: Annual Revenue:
$175,000 $260,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Fully Supported Cycling Training Series Broker: Bo Hudson

Quick Facts

Asking Price: $175,000
Annual Revenue: $260,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 2
BBN Listing #: 734244107
Broker Reference #: 76931-313178

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Business Overview:

The Cycling Training Series has been deeply rooted in the Houston area for over 30 years. It began as an informal hobby with minimal support but developed into a vital training series for the annual Bike Texas: Texas MS 150. Peak periods have included over 1,700 participants in the comprehensive, 11-week fully supported cycling training rides. The well-organized training series allows participants of all levels to improve their fitness while enjoying organized rides, fully-stocked rest stops, port-a-lets, detailed maps, bike mechanics, SAG support, law enforcement, ride marshal support, and a significant volunteer effort.

The weekly training series begins in January and runs through April of each year. While preparations begin several months in advance, the owners maintain contact with their database of over 3,500 riders to keep them abreast of upcoming events and opportunities for participation.

A Summary of Operations provides an average revenue stream of $250,000 and $124,000 in Seller's Discretionary Earnings. The Cycling Training Organization is being offered at $175,000 and includes all equipment to host the training rides. The current owners have developed a detailed operational manual including contacts and are committed to ensuring a seamless transition to the new owner.

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Reason for Selling:

Retirement

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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