Fitness Spin Cycle Center With Two Locations
Not Disclosed, VA Arlington County
Asking Price:
$1,750,000
Annual Revenue:
$1,390,286
Request More Information Contact the Seller
- RE: Fitness Spin Cycle Center With Two Locations
- Contact: John Devries
Owner Financing is Available!
Loan/Seller- Amount: $350,000; Months:120; Rate:6.00% Monthly Payment:$3,885.72
Quick Facts
| Asking Price: | $1,750,000 | |
| Annual Revenue: | $1,390,286 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $439,046 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 500,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 3 | |
| BBN Listing #: | 7086630 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Established 7 years this Cycle Fitness Center has 2 locations in the most desirable cities in the US. One location in NYC NY & the second location in Washington DC. Absentee owned & Fully Staffed with management for all the day to day operations. Their certified instructors are all Independent 1099 contractors. Each location has approximately 50 cycles and offer 4-9 classes per day. This cycle fitness center is performance-based & results-driven with optimal speed & resistance combinations available. Please refer to listing number 0101-483206 and advisor John Devries when inquiring.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Lease/Month: $25,779;Square Footage: 10,000;Building Type: Plaza; Terms & Options: Negotiable; Expiration Date: 4/30/2027.Reason for Selling:
Other interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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