Established boutique indoor cycling studio in one of Minneapolis's most walkable and desirable neighborhoods, operating under a leading national fitness franchise brand. Same ownership for ten years.

The studio occupies 3,000 square feet purpose-built for premium group cycling, with a 40-bike theater-style ride room, programmable stage and ambient lighting, dual performance-tracking screens, a reception and retail area, and locker and changing facilities.

The business carries a base of 200-plus recurring members plus a group of clients on flexible class packages.

2025 gross revenue was $397,532, or approximately $33,100 per month, with Adjusted Seller's Discretionary Earnings of $45,151.

At the $90,000 asking price the business trades at roughly 2.0 times Adjusted SDE and includes approximately $60,000 in hard assets — the 40-bike fleet, audio and audio-visual equipment, lockers and shoe inventory. Also included are all furniture and fixtures, the active member list, a customer database of approximately 45,000 contacts built over ten years in this market, social accounts and the studio phone number.

This is a genuinely manager-run operation. A full-time general manager handles daily operations, supported by a complete part-time instructor roster with no open positions. The current lead instructor has expressed interest in staying on after a sale, offering real continuity with the member base through transition.

This is an asset sale.