Internal Ref: TQM1108
Summary
SBX Code: TQM1108 - Indoor Cycling Centre. - Selling below fit out and equipment value - Indoor Cycling Centre. - Brisbane East - Franchise - QLD - Fitness .
Rent
$2,500 pw
Net Profit
$0 pw
Location Details
Situated at front of major shopping centre offering excellent exposure in Brisbane East.
Potential
Great opportunity for a buyer looking to expand the current membership base.
Hours
7 days - Monday to Friday 5.30 am to 7.15 pm. Saturday and Sunday 9 am to 5 pm.
Lease
4 year lease commenced 1st July 2022 - CPI increases - 4 weeks bond.
Employees
1 owner + 6 instructors.
About the Business
Fitness Centre - Franchise - Brisbane East
SBX Code: TQM1108
Fitness centre franchise offering indoor cycling rides designed for all fitness levels. The ride has something for everyone building stamina and endurance. This cycle fitness centre boasts the latest technology which measures the six key metrics of your daily and historical performance.A popular indoor cycling studio that offers high-energy workouts in a motivating and immersive environment. Participants ride stationary bikes to the rhythm of music, guided by instructors who lead the class through various intervals, climbs, and sprints. Its a great way to get an intense cardiovascular workout while also engaging the whole body.
Features
Franchise. Well maintained cycling equipment.
Premises
Superbly presented centre with a fit out and equipment costing $650K.
Comments
As this centre has only been open for 2 years it is selling for below equipment and fitout costs only. The price for a new franchise with cyclebar is $550K plus bicycle stock @ $120k
SBX Code: TQM1108
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