Listing Number: 7301-483206

Description

Established 7 years this Cycle Fitness Center has 2 locations in the most desireable 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.

Listing Details

Price: $1,750,000

Down Payment: $1,400,000

Sellers Discretionary Earnings: $439,046

Total Sales: $1,390,286

Location: Arlington County, Virginia

Inventory: $0

FF&E: $500,000

Employees: 3

Year Established: 2012

Reason for Selling: Other interests

Category: Fitness