Top 10 CycleBar Studio (relative to 150 studios in CB system)
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Top Indoor Cycling Studio in St. Louis
Established CycleBar Franchise - Top Performing Indoor Cycling Studio in St. Louis
This premier indoor cycling studio represents an exceptional opportunity to acquire a top-performing fitness franchise in the thriving St. Louis market. Established in 2018, this CycleBar location has distinguished itself as the leading indoor cycling studio in St. Louis and ranks among the top 10 studios within the entire CycleBar system of 150+ locations.
Financial Performance:
- Annual Revenue: $600,000
- EBITDA: $87,500 (14.6% margin)
- Asking Price: $325,000
- Strong revenue multiple of 0.54x annual sales
Business Strengths:
- Exceptional reputation as #1 indoor cycling studio in St. Louis market
- Top 10 performance ranking within 150-studio CycleBar franchise system
- Great instructors and experienced management team in place
- Strong, established membership base providing recurring revenue
- Prime 3,000 sq ft facility in Saint Louis County
- Six years of continuous operation with proven track record
Location & Lease:
- 3,000 square feet in desirable Saint Louis County location
- Current lease: $13,378/month through May 2028
- Five-year extension option available at $14,341/month
- Strategic location competing with major fitness chains including LifeTime, Crunch, and Tru-Fusion
Growth Opportunities:
- Franchise agreement expires May 2028, providing rebranding flexibility
- Potential to eliminate high franchise royalties and fees post-2028
- Established customer base and market position provide foundation for independent operation
- Strong brand recognition and instructor team support continued growth
Owner Support:
- Current owners retiring after successful operation
- Comprehensive training package: 40 hours per week for four weeks
- Experienced management team and instructor staff in place
- Detailed operational systems and procedures established
This turnkey fitness business offers an ideal opportunity for an entrepreneur seeking to enter the growing boutique fitness market with a proven, top-performing operation. The combination of strong financial performance, market-leading position, and upcoming franchise flexibility makes this an attractive investment in the expanding fitness industry.
Perfect for fitness enthusiasts or business investors looking for a established, profitable operation with significant growth potential and market leadership position.
This premier indoor cycling studio represents an exceptional opportunity to acquire a top-performing fitness franchise in the thriving St. Louis market. Established in 2018, this CycleBar location has distinguished itself as the leading indoor cycling studio in St. Louis and ranks among the top 10 studios within the entire CycleBar system of 150+ locations.
Financial Performance:
- Annual Revenue: $600,000
- EBITDA: $87,500 (14.6% margin)
- Asking Price: $325,000
- Strong revenue multiple of 0.54x annual sales
Business Strengths:
- Exceptional reputation as #1 indoor cycling studio in St. Louis market
- Top 10 performance ranking within 150-studio CycleBar franchise system
- Great instructors and experienced management team in place
- Strong, established membership base providing recurring revenue
- Prime 3,000 sq ft facility in Saint Louis County
- Six years of continuous operation with proven track record
Location & Lease:
- 3,000 square feet in desirable Saint Louis County location
- Current lease: $13,378/month through May 2028
- Five-year extension option available at $14,341/month
- Strategic location competing with major fitness chains including LifeTime, Crunch, and Tru-Fusion
Growth Opportunities:
- Franchise agreement expires May 2028, providing rebranding flexibility
- Potential to eliminate high franchise royalties and fees post-2028
- Established customer base and market position provide foundation for independent operation
- Strong brand recognition and instructor team support continued growth
Owner Support:
- Current owners retiring after successful operation
- Comprehensive training package: 40 hours per week for four weeks
- Experienced management team and instructor staff in place
- Detailed operational systems and procedures established
This turnkey fitness business offers an ideal opportunity for an entrepreneur seeking to enter the growing boutique fitness market with a proven, top-performing operation. The combination of strong financial performance, market-leading position, and upcoming franchise flexibility makes this an attractive investment in the expanding fitness industry.
Perfect for fitness enthusiasts or business investors looking for a established, profitable operation with significant growth potential and market leadership position.
About the Business
- Years in Operation
- 8
- Employees
- 28 (1 Full-time, 27 Part-time)
- Franchise
- This business is an established CycleBar franchise
- Facilities & Assets
- All contents of the studio are included with a sale.
For a good view of our cycling community, see our InstaGram account, cyclebarrichmondheights - Website
- https://www.cyclebar.com/location/richmond-heights
- Market Outlook / Competition
- CycleBar Richmond Heights is the top indoor cycling studio in St. Louis. Competition includes larger, box gyms, such as LifeTime, Crunch and Tru-Fusion.
- Opportunities for Growth
- It is strongly recommended for the new owner to rebrand the studio after the Franchise Agreement expires in May 2028. Franchisor support is limited, but royalty expenses and other fees are high.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $13,378.00 per month
- Lease Expiration
- 5/10/2028
About the Sale
- Seller Motivation
- My wife and I are looking to retire
- Transition Support
- Current owner is willing to provide four weeks, limited to 40 hours per week, of direct training for the new owner.
- Financing Options
- Lease has five year extension at $14,341/month
Listing Info
- ID
- 2476759
- Listing Views
Attached DocumentsAttachment Disclaimer
Schnapp+Enterprises_Profit+and+Loss.xlsx
Business Location
Listing ID: 2476759 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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