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San Diego

  • Listing No.: 106-15504

  • Category: Fitness

Asking Price $575,000.00
Down Payment
Gross Revenue $615,026.00
Total Adjusted Net Income $148,444.00
Equipment / Fixtures $12,268.00
Year Established 2016
General Location San Diego
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Fast-growing and highly profitable cycle franchise located in affluent area of San Diego. Studio offers structured full-body workout spin classes designed to strengthen the body, energize the mind and feed the soul. Strong tight-knit community, large beautiful space, and top shelf instructors and staff. It is one of the elite, top-producing and original locations of the national franchise, and is often used as a showcase studio for other potential franchisees. Sales, memberships and profit continue to grow year over year. Current owner is mostly absentee, and is ready to sell to focus on a new venture. For inquiries please contact Mitch (404) 272-9108, mitch@fcbb.com 

Gross Revenue $615,026.00 Listed Price $575,000.00
Total Income $148,444.00 Down Payment
Base Rent $8,465.00 Square Feet 2280
Total Rent $10,915.00 Lease Expiration 12/2026
Rent Deposit $10,260.00 Lease Options 1, 5 Year Option
Inventory $1,000.00 Leasehold Improvements $305,747
Equipment / Fixtures $12,268.00 Other Assets
Full-Time Employees Training Period 2 Weeks
Part-Time Employees Special License Required None
Contract Staff 10 Reason for Selling Family / New Ventures

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.