Seller Financing Boutique Cycling Studio Priced to Move

, Texas 6 views 0 favorites

Financial Highlights
Asking Price
$250,000
Revenue
$413,252
Business Description

Owner is motivated to sell. Seller financing of $100,000. Down payment is now only $150,000. Well-established boutique fitness studio with dedicated customer base for sale. Own your own studio in the fitness space. Studio is in a rapidly growing area of central Houston. The studio already has a significant member base and large lead pool and has recurring income from the moment of the sale. Avoid expensive build out process, finding real estate in a crowded market, building customer base and own this hidden gem that is ready for operations and revenue on day one. Studio is fully equipped, trained staff and has built relationships with neighboring properties and businesses. This is once in a lifetime opportunity to own your own business in the fitness industry for much lower cost than building from scratch. Owner finance is available. For more detailed information, please contact listing agent Andrew McNall at 458-230-5180 or email amcnall@fcbb.com Location: Houston, Texas Year Established: 2020 Number of Employees: 1 FT, 21 PT Real Estate: Leased Building Sq. Ft.: 3,483 Rent: $8,640.00 Per Month Lease Expiration: 11/1/2026 Facilities: This is a leased location of 3,483 square feet with a Total monthly rent of $8,640. Lease ends 11/2026. Seller is active with 1 FT and 21 PT employees. Hours of operation are varied by day and open from Saturday- Sunday. $1,000 in inventory and $70,000 in FF&E included in the asking Price. $170,000 made in leasehold improvements. Other Assets include $40,000 in audio/visual equipment.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 13 hours ago

Views: 6

Favorites: 0