Business For Sale

Fitness Spin Cycle Center with Two Locations

Not Disclosed, VA
Arlington County


Asking Price: Annual Revenue:
$1,750,000 $1,390,286

Recreation: Gyms, Health & Fitness, Sports


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RE: Fitness Spin Cycle Center with Two Locations Broker: John Devries
Owner Financing is Available!
Loan/Seller - Amount: $350,000; Months: 120; Rate: 6.00% Monthly Payment: $3,885.72

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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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