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Fully Operational Row House Franchise In New York For Sale

Brooklyn, New York, US
Asking Price:
$150,000 (USD) Furniture / Fixtures included
Sales Revenue:
$145,333 (USD)
Cash Flow:
Available on request

Row House is a "pioneer in the boutique indoor rowing space". It makes sense! Rowing is gaining in popularity and demand across the country. This highly efficient and low impact workout is great for all ages, and appeals to a wide range of demographics and athletic abilities. This particular location in a popular area of Brooklyn. Owner explains the location was set to have its grand opening in March of 2020. Covid kept them shut down until March 2021. So the studio has been in operation for just over a year with a fully trained and competent staff. Studio is not quite profitable but close. Owner has invested close to half a million dollars in the buildout, which spared no expense, including showers. Owners are selling due to birth of new baby and time constraints. Multiple other territories for sale around NY if interested. Please contact Mitch.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 3/2030, 2, 5 year options

Leasehold Rent:

14,106/month per annum

Size in square feet:
2,731

Business Operation

Reasons for selling:

Baby

Employees:
11
Years established:
2020

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

2 Weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$100,000 Down

Furniture / Fixtures value:
$70,000 (USD) - included in the asking price

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