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Fitness Spin Cycle Center With Two Locations In Arlington For Sale

Arlington, Virginia
Asking Price:
$1,750,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,390,286 (USD)
Cash Flow:
$439,046 (USD)

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.

Property information

Real Estate:

Lease

Lease Terms:

Lease/Month: 25,779 Square Footage: 10,000 Building Type: Plaza
Terms & Options: Negotiable Expiration Date: 4/30/2027

Size in square feet:
10,000

Business Operation

Reasons for selling:

Other interests

Trading hours:

6:30a-9pm

Employees:
3
Years established:
6

Other Information

Support & training:

Seller will train for 2 weeks at no cost

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Loan/Seller - Amt: 350,000 Mos: 120 Rate: 6.00 Mo Pmt: 3,885.72

Furniture / Fixtures value:
$500,000 (USD) - included in the asking price

Contact Information

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