Indoor Cycling Studio

Reference Code 0280

This a great opportunity to own a newer, premier Indoor Cycling Studio in the Tri-County area. Established in 2017, this 2,587 sq. ft. studio is growing at a steady, upward pace with plenty of growth opportunity. Located on a highly traveled road, this studio is focused on high-energy workouts for all fitness levels and body types. Classes are led by certified instructors who inspire and push members through a heart pounding ride in a state-of-the art theatre. All riders control the intensity level on their own bike and can burn over 600 calories! Offering members an affordable, convenient, 45-minute fat loss session that challenge the body and deliver results. ALL levels of workouts are available from beginners to experience. Locker rooms and a nice retail area to sell apparel, power bars, drinks and more! Current owner does no advertising…a new owner/operator with some creative advertising/marketing along with adding additional classes, community involvement, cross promote with other businesses, schools and universities, you have HUGE potential. This is a turn-key operation needing a new owner-operator. A must see/must have business. Seller will entertain all reasonable offers.

Business Location Tri County, MI
Gross Sales $174,454 Cash Flow $39,060 Business Price $124,500 Down Payment $65,000 Monthly Payment $927.38 Interest Rate / Amortization 8% int., amortized over 84 months, balloon due in 60 months License Required Sales Inventory Value $3,000 Employees Part Time 8 Date Established 2017 Hours of Operation Varies per class Rent $2,748.68 NNN Lease Period 9/2021 Reason for Sale Absentee Owner


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