Indoor Cycling Studio for Sale

Asking Price$224,995

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$1,000
Not included in asking price
FF&E$73,000
Included in asking price
Real EstateNot Disclosed

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Indoor Cycling Studio for Sale


Asking Price$224,995

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$1,000
Not included in asking price
FF&E$73,000
Included in asking price
Real EstateNot Disclosed

Business Description
Rideologie is a boutique indoor cycling studio offering rhythm-based fitness classes, memberships, private events, and wellness-focused community experiences in Salt Lake City, Utah!
Established in 2017, Rideologie has built a strong local brand with nearly a decade of operating history.
Rideologie enjoys a prime Salt Lake City location serving a growing community of health-conscious and fitness-focused consumers.

Over 25,000 annual rider visits demonstrate strong customer demand and brand loyalty!

BUSINESS VALUE INCLUDES:
• Goodwill:
Established in 2017 (9+ years in business)
Well-known boutique indoor cycling brand in the Salt Lake City market
Loyal recurring membership base with 67 active memberships
Strong community-focused culture and customer retention
Experienced instructor team and established operating systems
Excellent online reputation: o Google: 4.9 Stars (329 reviews)
Recognizable local fitness and wellness brand with established goodwill

• Income Streams:
Recurring membership subscriptions Class package sales
Drop-in ride purchases
Private rides and special events
Retail merchandise sales
Gift card sales

• Tangible (Hard) Assets:
FF&E and Equipment (Estimated Market Value):
Estimated total asset value: approximately $73,000
• 33 Stages indoor cycling bikes
• Free weights and strength-training equipment
• Professional audio and visual systems
• Lighting systems and instructor equipment
• Reception area furniture and fixtures
• Signage and branding assets
• Computers, tablets, POS hardware, and network equipment
• Laundry and facility maintenance equipment
• Rental shoes, towels, and operational supplies

Operations & Customer Base:
• Approximately 26,000 annual attendees
• 14,348 attendees year-to-date
• Approximately 25,804 attendees over the previous 12-month period
• Owner currently operates business with limited involvement of approximately 10 hours per week
• Established systems, scheduling, marketing, and membership management platform in place
• Online/Social Media:
• Website:
• Facebook:
• Instagram:

• Intellectual Property:
Rideologie trade name and logo
Website and domain name
Social media accounts and digital marketing assets
Customer database and membership records
Instructor training materials and operational manuals
Loyalty program assets and associated business goodwill

• Staffing:
1 Owner: Semi-absentee ownership structure requiring approximately 10 hours per week from owner
Experienced instructor team in place
Established accounting and bookkeeping support relationships
Operational systems allow for limited owner involvement

Rideologie has an experienced instructor team and established operating systems provide a strong foundation for continued growth!

Rideologie includes 33 premium Stages indoor cycling bikes and an estimated $73,000 in furniture, fixtures, equipment, and studio assets!

Significant expansion opportunities through corporate wellness programs, personal training, specialty fitness offerings, digital memberships, and additional locations.

Inquire for more info… this fitness studio will not last long!
About the Business
Years in Operation
9
Facilities & Assets
Location: 1155 E Wilmingon Ave Ste. 200, Salt Lake City, Utah 84106
• Prime central location serving a growing fitness-conscious demographic
• Modern boutique fitness studio with premium build-out

-Tangible (Hard) Assets:
FF&E and Equipment (Estimated Market Value):
Estimated total asset value: approximately $73,000
Website
Show Website URL
Market Outlook / Competition
• Business Highlights:
Established boutique fitness business with nearly a decade of operating history
Strong recurring membership revenue model
Highly rated brand with exceptional customer reviews
Prime Salt Lake City location
Large and engaged community of riders and members
Experienced instructor team and proven operating procedures
Multiple revenue streams and significant expansion opportunities
Semi-absentee ownership structure requiring approximately 10 hours per week from owner

• Risk Factors:
Boutique fitness industry subject to seasonal attendance fluctuations
Some dependence on owner relationships and leadership
Competition from local studios and national fitness brands
Rising lease and operating expenses may impact margins
Instructor retention remains important for continued success
Opportunities for Growth
Opportunities for Growth:
• Expand corporate wellness partnerships
• Increase private events and team-building programs
• Add youth, family, and specialty fitness programming
• Launch digital and on-demand fitness offerings
• Grow personal training and strength-training services
• Increase retail and branded merchandise sales
• Develop instructor certification and training programs
• Optimize underperforming class times through targeted marketing efforts
• Potential for additional locations or franchise expansion
About the Sale
Transition Support
Transition: Negotiable
• Customized transition and training support available
• Introductions to staff, vendors, and key business relationships included
• Transition period length negotiable based on buyer need
Listing Info
ID
2551020
Listing Views
Business Location

Listing ID: 2551020 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.