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CycleBar-Premium Indoor Cycling Franchise

WI

CycleBar-Premium Indoor Cycling Franchise
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Asking Price: $199,000

Cash Flow: N/A

Gross Revenue: $320,000

EBITDA: N/A

FF&E: $422,000

Inventory: $12,000

Established: 2017

CycleBar-Premium Indoor Cycling Franchise

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Business Description

This is an outstanding business opportunity to purchase one of the most popular franchises in the fitness category without the work and expense of starting a new business. This premium indoor cycling franchise offers their members a state of the art fitness experience in an exhilarating environment that is highly interactive. The franchise has earned one of the strongest brand names in the fitness industry, with an established successful business model, excellent training, and high standards of operation.

The owner opened the business approximately eighteen months ago after several months of planning, including selecting the location of the business, negotiating a lease, hiring employees, and coordinating the installation of assets and leasehold improvements. The business is located in Wisconsin in an area with positive demographics for a premium fitness business and both the facility and the equipment are top of the line. There are experienced staff in place, including certified trainers, front desk employees and a manager. The business owner has successfully grown the business by using innovative marketing strategies on social media as well as fun events, challenges and package pricing to attract new members and retain existing ones. This business opportunity can be purchased at a fraction of the owner's investment and much less than the cost of a new franchise, with the advantage of having brand awareness in the area, experienced staff and a growing member base. A new owner with an interest in joining one of the hottest fitness franchise businesses brands in the market will be able to immediately leverage the CycleBar brand and business model into a fun and successful venture.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
4 weeks
Reason for Selling:
other interests
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Mitchel Cox

Business Listed By:
Mitchel Cox

Transworld Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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