Atlanta Multi-Unit Cycle Bar ReSale – Absentee Run

Business Overview:

Atlanta GA Two-Unit Cycle Bar Franchise – Absentee Owner – Priced Way Below Market – Fully Staffed – Keep or Convert

(These are Open and Operating Businesses. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)

Atlanta GA Two-Unit Cycle Bar Franchise for Sale
100% Absentee Owner.
Zero Debt.
Great Staff guarantees flawless transition with no hiccups.
Each location has a manager and this a District manager. There are no salaried Staff Members.
Each location has about 15 Staff Members.
Each location has 40 bikes. All purchased in last 18-months. The bikes cost 120k for roughly 40 bikes.
The royalty fees for a CycleBar franchise are typically 7% of gross sales, which is the ongoing fee that franchisees pay for the brand and operational support. Additionally, there is a 2% advertising royalty fee for marketing and promotion.
If you’re considering owning a CycleBar franchise, the total initial investment ranges between $351,475 to $501,875, which includes a $60,000 franchise fee so this offering is a fraction of the price of a startup.
 

At this below market pricing full due diligence other than sales reports, leases, franchise agreement are included.
Keep or Convert.

Two-Units Priced at $150,000. At this below market pricing full due diligence other than sales reports, leases, franchise agreement are included. Keep or Convert.

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Property Features and Assets:

Unit One: Located at: 4794 Ashford Dunwoody Rd, Dunwoody, GA 303382,200/SFMonthly Rent $12,250 All-In.Open 2015Monday – Thursday 6am – 8pm. Friday- Sunday 8am – 1pm.

Unit Two: Located at: 4880 Lower Roswell Rd Suite 450, Marietta, GA 300681,800/SFMonthly Rent $9,500 All-In.Open 2016Monday – Thursday 6am – 7pm. Friday- Sunday 8am – 12pm.

Market Competition and Expansion:

Keep or convert

Reason for Selling:

Additional Details:

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