Established Indoor Cycle Franchise, A+ location, community, loyalty
Hudson, OH
| Asking Price: | $219,000 |
| Rent: | $6,050/Month |
| Established Year: | 2018 |
| Gross Revenue: | $425,000 |
| FF&E: | $100,000 |
Listing ID: 2315520Listing provided by BizBuySell
BUSINESS DESCRIPTION
Don’t miss this opportunity to own a vibrant and profitable fitness boutique for a fraction of the cost to build a new one! Thriving, loyal, and connected member base of 330+ monthly members, located in the heart of one of Northeast Ohios most picturesque and affluent communities. Owner selling due to other personal and financial obligations. Total turnkey operation, all FFE (bikes, audio visual, POS) included. Buyer must agree to terms/assume lease from LL, and be approved by franchisor. The best model includes a hands on owner/operator managing and engaging with customers on a day to day basis.
DETAILED INFORMATION
Location
Hudson, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/02/2028
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2,000 SF customized and fully improved to brand specifications. 47 Schwinn carbon blue performance IQ indoor cycle bikes, full Platinum AV multimedia sound and performance tracking system, lockers, HD monitors (4) small retail inventory and rental cycle shoes for customers who choose to use them.
Competition
Boutique fitness continues to grow. CycleBar remains summit county’s ONLY exclusive indoor cycle location.
Support & Training
1 month of complementary training and support included from current owner. Consulting agreement available for anything additional.
Reason for Selling
Personal financial and family obligations do not allow me to maximize my time wo
Franchise
This business is an established franchise
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