Profitable Upscale Indoor Cycling Studio i

Not Disclosed, CA
Los Angeles County

San Fernando Valley

Asking Price: Annual Revenue:
$299,000 $978,546

Recreation: Gyms, Health & Fitness, Sports

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RE: Profitable Upscale Indoor Cycling Studio i Broker: Matt Coletta
License #: 01417096/01109458
Owner Financing is Available!
Seller will consider seller finance for qualified buyer

Quick Facts

Asking Price: $299,000
Annual Revenue: $978,546
Net Profit: Not Disclosed
Cash Flow: $212,438
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 20
BBN Listing #: 660635994
Broker Reference #: LA0395

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Business Overview:

Profitable upscale indoor cycling studio in prime location in the San Fernando Valley of Los Angeles County. Modern, state of the art facility with juice bar and lounge area. This highly improved facility is located within a high-end, busy shopping center with likeminded tenants and great parking. The facility includes a light and bright atmosphere with large windows, high ceilings and an open floorplan. Amenities include a large check-in desk with iPads, juice bar area and lounge, large bathroom area with showers, community locker area, large spin room with state-of-the-art sound system and DJ booth, complimentary shoe rentals and towel service, outdoor patio and so much more.

Thousands of dollars spent in tenant improvements, equipment, databases, trained employees and more. Why start a new business when you can take over this profitable, turn-key operation in a prime area and finance it. This is a unique opportunity to purchase a turn-key fitness business that has a fun culture. Everything is in place including a state of the art website. Good books and records. The business may qualify for SBA finance for a qualified buyer or Seller may consider seller finance for a qualified buyer with solid credit and a significant down payment. Purchase price includes a large list of furniture, fixtures and equipment plus approximately 48 high performance cycling bikes.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or email to receive a confidentiality agreement and learn more about this opportunity.

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Property Features and Assets:

Prime location on high traffic main boulevard in San Fernando Valley Retail complex with well-known anchor tenants

Market Competition and Expansion:

Seller to discuss.

Reason for Selling:

Other obligations.

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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