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Indoor Cycling Studio For Sale
Location: Canada -> British Columbia -> Nanaimo
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Indoor cycling studio with a firmly established client base, strong branding, a great reputation, potential for further growth, and no local competition. The Swet Haus Cycling Studio Inc. opened in Nanaimo in 2015 and has become a staple of the community. One of the objectives when the business opened was to create a ''gym for everybody'', and the demographics of the users reflect this philosophy perfectly. Memberships are consistent, with additional revenue streams coming from drop-ins, personal training, and retail. In addition to serving its membership, the studio also works closely with the local cycling association, SD68, and a private women's health group. Renowned for it's friendly and supportive atmosphere, helpful staff, top end and well maintained equipment and overall cleanliness levels, a quick look at online Google and Facebook reviews give a clear indication of the high esteem this business is held in No current physical location due to Covid. Loyal customer base anxiously awaiting for business to reopen.

Asking price of $15,000 for branding/goodwill. Option to purchase additional assets including bikes, free weights, stereo equipment, etc.

Email to request a NDA and to obtain more information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $146,000
Cash Flow:   $21,085
Cash Flow Type:  EBITDA
Inventory:  $10,000
Seller Financing:  Yes

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Open to discussion.
Reason For Selling:  Lifestyle change required.

Photos

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Indoor Cycling Studio For Sale Photo 1




Print Listing Id: 700353896
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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