Atlanta GA Multi-Unit Cycle Bar for Sale – Absentee Owner

Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Atlanta GA Multi-Unit Cycle Bar for Sale – Absentee Owner


Asking Price$50,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Dunwoody-East Cobb GA Two-Unit Cycle Bar Franchise for Sale – Absentee Owner – Fully Staffed – Keep or Convert – $25,000 Per Unit – Buy One or Both
(These are Open and Operating Businesses. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request)
Atlanta GA Two-Unit Cycle Bar Franchise for Sale
100% Absentee Owner.
Zero Debt.
Great Staff guarantees flawless transition with no hiccups.
Each location has a manager and this a District manager. There are no salaried Staff Members.
Each location has about 15 Staff Members.
Each location has 40 bikes. All purchased in last 18-months. The bikes cost 120k for roughly 40 bikes.
The royalty fees for a CycleBar franchise are typically 7% of gross sales, which is the ongoing fee that franchisees pay for the brand and operational support. Additionally, there is a 2% advertising royalty fee for marketing and promotion.
If you’re considering owning a CycleBar franchise, the total initial investment ranges between $351,475 to $501,875, which includes a $60,000 franchise fee so this offering is a fraction of the price of a startup.

Unit One: Located at: 4794 Ashford Dunwoody Rd, Dunwoody, GA 30338 2,200/SF Monthly Rent $12,250 All-In.Open 2015 Monday – Thursday 6am – 8pm. Friday- Sunday 8am – 1pm.

Unit Two: Located at: 4880 Lower Roswell Rd Suite 450, Marietta, GA 30068 1,800/SF Monthly Rent $9,500 All-In. Open 2016 Monday – Thursday 6am – 7pm. Friday- Sunday 8am – 12pm.

Keep or Convert.
Priced at $25,000Per Unit.
At this sacrifice sale price no books and records are available.
About the Business
Years in Operation
10
Franchise
This business is an established franchise
Facilities & Assets
Unit One: Located at: 4794 Ashford Dunwoody Rd, Dunwoody, GA 30338
2,200/SF
Monthly Rent $12,250 All-In.
Open 2015
Monday – Thursday 6am – 8pm. Friday- Sunday 8am – 1pm.

Unit Two: Located at: 4880 Lower Roswell Rd Suite 450, Marietta, GA 30068
1,800/SF
Monthly Rent $9,500 All-In.
Open 2016
Monday – Thursday 6am – 7pm. Friday- Sunday 8am – 12pm.
Website
https://www.shumacher.com/dunwoody-east-cobb-ga-two-unit-cycle-bar-franchise-for
Market Outlook / Competition
Ask broker for details.
Opportunities for Growth
Keep or convert
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Absentee owner
Transition Support
Great Staff guarantees flawless transition with no hiccups.
Each location has a manager and this a District manager. There are no salaried Staff Members.
Each location has about 15 Staff Members.
Listing Info
ID
2289314
Listing Views
3540

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Business Listed by: Steven L. Josovitz Shumacher Restaurant Brokers

Listing ID: 2289314 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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