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Madison County

  • Listing Number: 101-21899

    Category: Fitness

Asking Price $225,000
Gross Revenue $93,411
Equipment / Fixtures $125,000
Year Established 2021
General Location Madison County
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This is an indoor cycling franchise with over 120 monthly recurring members. Seller is too busy with other businesses to put in the time to market and grow it. The business is new and just now breaking even. Ideal buyer needs to come in to take over operations and work to get to 175 members where the business makes a nice profit margin. Seller invested over $500,000 in FF&E and build out. Buyer needs to assume the lease of 43 cycling bikes. 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 more information including a detailed confidential opportunity summary with financial information and photos, please use the form on this page to request more information and the NDA will be emailed to you right away.

Gross Revenue
$93,411
Listed Price
$225,000
Base Rent
$6,250
Square Feet
3000
Total Rent
$6,250
Lease Expiration
02/2031
Rent Deposit
$6,250
Leasehold Improvements
315000
Equipment / Fixtures
$125,000
Full-Time Employees
7
Training Period
14 Days
Part-Time Employees
7
Reason for Selling
Seller is too busy to market and grow it

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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