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Multi - Unit & Profitable Fitness Spinning Center
Location: United States -> Minnesota -> Minneapolis
Industry: Health and Medical > Health Clubs and Spas




Business Summary

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   $400,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Full training and support will be included.
Reason For Selling:  Contact for this information.




Print Listing Id: 700365151
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

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



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