Atlanta GA Multi-Unit Cycle Bar for Sale – Absentee Owner
Asking Price: | $150,000 |
Established Year: | 2015 |
Atlanta GA Two-Unit Cycle Bar Franchise for Sale – Absentee Owner – Priced Way B
Atlanta GA Two-Unit Cycle Bar Franchise for Sale – Absentee Owner – Priced Way Below Market – Fully Staffed – Keep or Convert – $150,000
(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 Multi-Unit Cycle Bar Franchise for Sale.
Killer High-Profile, High Visibility, High Traffic Locations.
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.
Two-Units Priced at $150,000. At this below market pricing full due diligence other than sales reports, leases, franchise agreement are included.
Keep or Convert.