SoCo Cycle Studio for Sale
Location:468 North Street, New Bedford, MA
Your Reference ID: 19882
Asking: $75,000
Gross: $113,769
Cash Flow: $40,000
Furniture, Fixtures & Equipment: $75,000 (Included in Price: Yes)
Inventory: N/A
Real Estate: N/A
A unique opportunity to own a turn-key fitness studio, this business provides the finest studio space, advanced equipment and expert instruction in the region for indoor cardio fitness.
Established by a fitness enthusiast and instructor this business offers multiple daily classes led by certified instructors utilizing industry-leading equipment stations and supported by cutting edge lighting and sound systems.
The business achieved consistent growth since its establishment with a decline in revenue in 2020 due to COVID.
The fitness studio is an approximately 3,000 square foot space in a prominent retail plaza.
The studio space was custom designed for the indoor cardio fitness experience with professional cardio stations, cutting edge lighting and sound systems, premium furniture and storage features and indoor and outdoor company branding and signage.
The retail plaza includes an expansive parking lot as well as additional on street parking.
Growth may be achieved with new product and service offerings in addition to the current, indoor cycle focus, that complement the studio space and client demand in the local fitness market.
Training & Support:
As needed for a smooth transition.
Reason Selling:
The owner is seeking to sell the business to pursue other interests.
