Seller's Contact Information

  • RE:  Fantastic Cyclebar Franchise - Motivated Seller
  • Contact:  Trent Lee
  • License #: S.0183611.LLC

Quick Facts

Asking Price: $69,000
Annual Revenue: $163,266
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 16
BBN Listing #: 7855142
Broker Reference #: 101-22002

Email or Print Listing

Business Overview:

This is a well-known fitness franchise (Cycle bar), pre-covid they were doing $40,000 a month in recurring revenue but are regaining ground and picking up more and more clients. Business is currently breaking even; the seller has put in over $400,000 and is moving out of state and very motivated to sell at an extreme loss. This is your opportunity to pick up a fairly new franchise location for pennies on the dollar. An ideal buyer is a fitness enthusiast who lives local and can be a part of this growing gym. Currently there are roughly 200 recurring members, but an active owner should be able to boost that to 500. Support and Training will be outstanding ensuring a smooth transition. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

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Property Features and Assets:

This is a leased location of 2,000 square feet with a Total monthly rent of $9,138. Lease ends 1/2026 with One and 5-years options. Seller is active with 1 FT and 15 PT employees. Hours of operation are 5:15am – 8pm Monday to Thursday, 5:15am to 7pm Friday, 8am – 12pm Saturday and 9am – 11:30pm Sunday. $1,000 in inventory and $140,000 in FF&E included in the asking Price. $250,000 made in leasehold improvements. Other Assets includes fully built studio, speaker systems, AV system and new AC units.

Reason for Selling:

Opportunity in her full-time career to relocate.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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