160 Main Street West, North Bay (Central) - Business for Sale
160 Main Street West, North Bay (Central), Ontario, P1B2T5
This business in North Bay is for sale offering roughly 2,452 sq ft of space. It has been on the market 11 days, fresher than the North Bay average of 49 days.
Description
Turn your passion for fitness into your next business venture! An exciting opportunity to own North Bay's only dedicated spin cycle studio, located in the heart of downtown. With six years of established operations, a loyal community of returning members, experienced instructors, and a proven business foundation, this turnkey fitness studio is ready for its next chapter. More than just a place to work out, this studio has built a community around the energy, motivation, and lifestyle of indoor cycling. For an entrepreneur who lives and breathes fitness, this is an opportunity to step into an established brand, continue its momentum, and make it your own. With operations, equipment, staff, and an existing membership base already in place, a new owner can focus on what matters most: growing the business. Opportunities to increase revenue through expanded class schedules, specialty programming, merchandise, events, and additional wellness offerings are just the beginning. With an established brand and business model, there is also exciting long-term potential to explore expansion into new markets or future franchising. Whether you're a passionate spin instructor ready to become a business owner, a fitness professional looking to expand your reach, or a 9-5'er with a passion for health and wellness looking to quit your day job and jump into entrepreneurship, this is your chance to build on six years of success.The foundation is built. The community is riding. The next chapter is yours to lead. This offering is a share sale of the business only. A comprehensive Buyer's Package is available upon execution of a Non-Disclosure Agreement (NDA), including three years of financial statements, employee information, inventory and assets, current lease details, suppliers, and Offer Schedules. The landlord will negotiate a new lease with the purchaser. (id:66096)
Property Details
- MLS®
- X14116056
- Property Type
- Business
- Business Type
- Personal Services
- Zoning
- C1
- Interior Size
- 2,452 ft²
- Frontage
- 23 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 11 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 11 days on market, against an average age of 49 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in North Bay (Central) has been listed for 11 days, which is 38 days fresher than the city average of 49. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (P1B)
This home lists at $250,000, about 3.8× the local median household income of $66,000.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $66,000
- Population
- 33,113
- Median age
- 44.4
- Owner / renter
- 57% / 43%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA P1B)
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$250,000
North Bay