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Indoor Cycling Gym

Thousand Oaks, CA (Ventura County)

Indoor Cycling Gym
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Asking Price: $98,000

Cash Flow: N/A

Gross Revenue: $292,660

EBITDA: N/A

FF&E: $750,000

Inventory: $8,000*

Rent: $19,560 /Month

Established: N/A

*not included in asking price.

Indoor Cycling Gym

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Business Description

SELLER EXTREMELY MOIVATED! NATIONAL INDOOR CYCLING FRACHISE PROVIDING PROGRAMS AND ACTIVITIES TO INVIGORATE RIDERS. MAKING THEM FEEL ALIVE. THE VARIOUS RIDES PROVIDE A ROCKING MIX OF STRENGHT, ENDURANCE, CHALLENGES, HILLS AND DRILLS. THE STUDIO ALSO PROVIDES FOR PRIVATE EVENTS FOR PARTIES, FOR TEAMS, FRIENDS AND BUSINESSES. THIS IS A UNIQUE OPPORTUNITY FOR AN ENTREPRENNUERE TO ACQUIRE A NATIONAL INDOOR CYCLING FRANCHISE FOR A SMALL FRACTION OF THE SET UP COST. ESTABLISHED IN 2017 AT A COST OF OVER A MILLION DOLLARS IN EQUIPMENT AND LEASEHOLD IMPROVEMENTS. THE BUSINESS HAS YET TO BE PROFITABLE BUT WITH ADDIQUATE MARKETING AND CAPITALIZATION, MEMBERSHIP SHOULD GROW AND HENCE, OTHER BUSINESS EVENTS WILL INCREASE RESULTING TO PROFITABILITY FOR THE OWNER. EXPERIENCE IN SALES AND MARKETING AND THE GYM /EXERCISE INDUSTRY IS HELPFULL.

Detailed Information

Location:
Thousand Oaks, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,580
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
New business
Growth & Expansion:
New business with good upside potential
Financing:
NONE
Support & Training:
FRANCHISOR and Seller Training
Reason for Selling:
Change of Focus
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Bonaventure Wakam, CBB, CBI

Business Listed By:
Bonaventure Wakam

KHAM INC

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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