Business For Sale

Spinning Gym

Not Disclosed, FL
Miami Dade County

Miami-Dade County


Asking Price: Annual Revenue:
$115,000 $216,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Spinning Gym Broker: Andy Fischer
Owner Financing is Available!
$90,000 down/$25,000 for 12 mos. @ 5%

Quick Facts

Asking Price: $115,000
Annual Revenue: $216,000
Net Profit: Not Disclosed
Cash Flow: $34,020
Total Debt: Not Disclosed
FF&E: $54,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 51444955
Broker Reference #: 1040-13769

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Business Overview:

Boutique-style Fitness Studio located in the most trendy area of Downtown Miami. Surrounded by a great variety of restaurants, street art and unique stores, the studio offers a warm atmosphere appealing to anyone looking for a great workout experience. The business has 22 brand new spinning bikes, remote controlled lights and high definition sound system. The studio is ideal for adding Yoga Classes, Pilates, Personal Training, TRX and more. Excellent ratings on Yelp, Facebook and Google. Top of the line reservation system which allows client to reserve through an app. Data base of over 1,200 clients.

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Property Features and Assets:

The business is located in a high traffic area within a small commercial building. It is located in the most trendy area in downtown Miami. The studio has a comfortable and inviting waiting area, with dress-rooms and lockers. Access to the Rooftop area, where classes and events are offered at no additional cost. Assets: $104,000

Market Competition and Expansion:

This is a small place, so classes are more personalized and and the environment is superior. They concentrate on spinning classes with certified instructors. Clients have the option to pay per class. Only boutique-style fitness facility in this area with access to the Rooftop. Providers of the only outdoor spinning class in town. The business is just starting, the business can grow offering additional classes and additional advertising. The space could be rented for events.

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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