Fitness Studio for Sale

Indianapolis, IN

Seller Financing Available

listing image
Asking Price:$50,000
Established Year:2016
Rent:$3,142.38/Month
BUSINESS DESCRIPTION

We are an established spin studio in downtown Indianapolis. There are two rooms in our leased building, along with two showers and three bathrooms. We currently have five (5) instructors and one front desk staff member.


DETAILED INFORMATION
Location
Indianapolis, IN
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,279
Lease Expiration
31/03/2026
Employees
2
Facilities
There is a large amount of space to expand beyond spin. There's room (and yoga materials) for yoga or strength training.
Competition
There are no other spin studios downtown, just two on the north side (approx. 25-30min away).
Growth & Expansion
There's definitely room for growth in the space. As the current owner I just don't have the time to dedicate to growing and building the business.
Support & Training
I can support and train the new owner for the first six (6) months of ownership.
Reason for Selling
I don't have the time to manage the business.
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Shayna Sangster
Shayna Sangster