Multi - Unit & Profitable Fitness Spinning Center

www.GlobalBX.com

Listing ID: 700365151

Listing Title: Multi - Unit & Profitable Fitness Spinning Center

Quick Link: http://www.globalbx.com/listing.asp?bId=365151

Industry: Health and Medical

Industry Segment: Health Clubs and Spas

Country: United States

State / Province: Minnesota

Area

City: Minneapolis

Asking Price Range: < $250K

Gross Revenues: $400,000

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2016

Number of Employees: 4 - 5

Business Description:
An exciting, cash flowing, and turnkey fitness business is for sale. This exclusive spinning studio gives a fitness experience that WOWS our expansive clientele list. ALL MEMBERSHIP BASED means strong and predictable residual revenues and cash flows. The unit is semi passive and fully managed (Parent Company owns and operates this unit). A great GM and team of instructors are in place. Our members step into an impressive IMAX theatre experience with premium amenities, modern and elegant 2000 SQFT spinning center. This rhythm-based ride keeps clients working hard for 30 straight minutes (including cool down). Indoor cycling has been a defined fitness platform for nearly 30 years. 200,000 individuals have been certified as spinning instructors over the years and 10,000 new instructors get certified every year. We are the most efficient and results-driven fitness program centered around cardio, strength, and restoration. This business is owned and operated by a very well-known parent company. The business is totally turnkey. This is more than just fitness. This unique concept has a Membership Based Structure: Flexible membership terms allow our clients to customize their membership to their daily life. This business has multiple revenue streams that build long-term residual incomes. Client retention is consistent and growing, as our spinning center is a one-stop shop for all our client's fitness needs. This is a nationally recognized franchise brand, and the parent franchise company is nationally acclaimed. Full training and ongoing corporate support will be included with this sale. Contact Mike for detailed information about this business at 678-641-6473. Asking Price: $139,999



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