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Award-Winning Cycling Studio

Providence, Rhode Island

This fitness franchise location offers state-of-the-art exercise options for cycling enthusiasts. Clients customize their cycling routines with experienced instructor-led indoor cycling classes which range from high-energy workouts, to competitive rides, to intense interval rides, all offered year round. Instructors offer encouragement, advice, and corrections to motivate each participant toward their individual goals. The prime retail location provides easy access for local clients and franchise members from around the country who visit the area.

This business is top-rated within the franchise and has won ‘best of’ awards at both the local and state levels. Focused on serving the niche fitness market of indoor cycling, the franchise offers strong marketing and owner support. This is a well-established business with a large roster of returning clients and limited competition in the region. The owners are moving out of the region but are willing to train a new buyer following the closing , in addition to ongoing training and support offered by the franchise.

This is an established business. This is neither a new franchise nor a start-up opportunity.

 

Asking Price

$450,000

Gross Revenue

$629,038

Annual Cash Flow

$187,027

Seller Financing

Yes

Inventory

$6,000

Inventory Included in price

Yes

Location

Providence, Rhode Island

Real Estate

Leased

Home Based

No

Relocatable

No

Franchise

Yes

Employees

1 FT | 17 PT

Year Established

2018

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