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Fitness Spin Cycle Center with Two Locations

Arlington County, VA

Seller Financing Available
Fitness Spin Cycle Center with Two Locations
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Asking Price: $1,750,000

Cash Flow: $439,046

Gross Revenue: $1,390,286

EBITDA: N/A

FF&E: $500,000

Inventory: N/A

Rent: $25,779 /Month

Established: 2012

Fitness Spin Cycle Center with Two Locations

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Business Description

Two locations in great areas!

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.

Detailed Information

Location:
Arlington County, VA
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 25,779 Square Footage: 10,000 Building Type: Plaza Terms & Options: Negotiable Expiration Date: 4/30/2027
Financing:
Loan/Seller - Amt: 350,000 Mos: 120 Rate: 6.00 Mo Pmt: 3,885.72
Support & Training:
Seller will train for 2 weeks at no cost
Reason for Selling:
Other interests
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John Devries

Business Listed By:
John Devries

Transworld Business Brokers

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Sponsoring Broker:
Andrew Cagnetta

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