Absentee Fitness Studio – Price Reduced
|Total Adjusted Net Income||$93,491|
|General Location||San Diego|
Price Reduced for a quick sale, originally priced at $575k, now offered at $199k. Studio is open and classes are back to being fully booked . This opportunity is a well-known 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 well-trained 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. Excellent opportunity for a fitness professional looking to relocate to Southern California. For inquiries please contact Mitch (404) 272-9108.
|Gross Revenue||$629,129||Listed Price||$199,000|
|Total Income||$93,491||Down Payment||$|
|Base Rent||$8,465||Square Feet||2280 ft2|
|Total Rent||$10,915||Lease Description||Lease ends 12/2026|
|Rent Deposit||$10,260||Lease Options||1, 5 Year Option|
|Full-Time Employees||Training Period||30 Days by Phone|
|Part-Time Employees||Special License Required|
|Contract Staff||10||Reason for Selling||Family / New Ventures|
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