Absentee-Ready, Membership-Based Fitness Studios (2 Locations)
Business Description
Opportunity to acquire a well-established, dual-location boutique fitness business operating under a nationally recognized indoor cycling franchise brand in Northern Colorado. The business has been operating since 2017 and expanded with a second location in 2024, providing market density, brand presence, and operational leverage.
The studios operate under a membership-based, recurring revenue model, generating predictable monthly cash flow and strong customer retention. Revenue is primarily driven by ongoing memberships, with additional income from drop-in classes, retail merchandise, private rides, corporate partnerships, and community events.
The business is supported by a fully staffed, experienced team, including in-place management, instructors, and front desk personnel. Day-to-day operations, scheduling, member onboarding, and studio execution are handled by staff and systems when fully staffed, allowing for reduced owner involvement. All employees are W-2, and staffing is cross-utilized between locations to improve efficiency and coverage.
Operations benefit from franchise-provided systems and technology, including centralized scheduling, billing, performance tracking, training resources, and standardized sales and operating procedures. The service-based model carries high gross margins and limited inventory requirements, contributing to favorable unit economics.
The studios operate under a membership-based, recurring revenue model, generating predictable monthly cash flow and strong customer retention. Revenue is primarily driven by ongoing memberships, with additional income from drop-in classes, retail merchandise, private rides, corporate partnerships, and community events.
The business is supported by a fully staffed, experienced team, including in-place management, instructors, and front desk personnel. Day-to-day operations, scheduling, member onboarding, and studio execution are handled by staff and systems when fully staffed, allowing for reduced owner involvement. All employees are W-2, and staffing is cross-utilized between locations to improve efficiency and coverage.
Operations benefit from franchise-provided systems and technology, including centralized scheduling, billing, performance tracking, training resources, and standardized sales and operating procedures. The service-based model carries high gross margins and limited inventory requirements, contributing to favorable unit economics.
About the Business
- Years in Operation
- 9
- Employees
- 34 Full-time
- Franchise
- This business is an established CycleBar franchise
- Facilities & Assets
- Two leased boutique fitness studios totaling approximately 5,400–5,500 sq ft across Fort Collins and Loveland. Purpose-built indoor cycling facilities with premium build-outs, equipment, and shared staffing model.
- Market Outlook / Competition
- Operates under a nationally recognized boutique indoor cycling franchise with strong brand awareness and established market presence in Northern Colorado. Limited direct premium cycling competition in the immediate trade areas, though the business competes broadly with gyms, HIIT studios, and other group fitness concepts. Membership-driven model supports retention and recurring revenue. Demand may fluctuate seasonally and is influenced by overall consumer discretionary spending trends.
- Opportunities for Growth
- Growth opportunities include increasing digital marketing, optimizing sales conversion at the studio level, expanding corporate and community partnerships, adding private events, and improving class utilization during off-peak hours. Additional upside exists through potential pricing adjustments and future multi-unit expansion within the region.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 5,000
- Rent
- $14,833.00 per month
About the Sale
- Seller Motivation
- Time constraints and increasing family commitments.
- Transition Support
- Seller will provide a structured post-closing transition, including training on operations, systems, staffing, and memberships. Seller will assist with knowledge transfer, vendor introductions, and franchisor coordination to ensure a smooth ownership transition.
Listing Info
- ID
- 2470013
- Listing Views
Listing ID: 2470013 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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