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Ideal Yoga Spot In The City Harris County For Sale

Harris County, Texas, US
Asking Price:
$198,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$217,027
Cash Flow:
Undisclosed

This business is a growing Franchise yoga studio that opened in October 2022 by a husband and wife team that are running the studio semi-absentee. This fitness focused franchise is now available for a new owner operator to take over turnkey at a reduced cost versus purchasing directly from the Franchise and starting up a new operation. While the seller is passionate about the business, the operation needs a full time owner to get the studio operating at its peak Level. The studio is located in a very centralized Houston area and is surrounded by other upscale businesses. Included in the sale price are all leasehold improvements ($243K), FF&E ($104K), and an estimated Inventory of ($6.2K).This a great opportunity for an existing franchise owner to add to their portfolio or a buyer who desires this specific territory to launch their first location.. In March of 2024 the business was in the black for the first month of the studio’s existence, starting a good trend for 2024.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $7,910.20

Square Units (Foot, Meter): 2,400

Lease Expiration Date: September 1, 2027, 12:00:00 AM

Terms Options: (2)- 5 year terms

Premises Details:

FF&E Overview:
(1) Heater
(1) Music and Arts Equipment Set
(1) Signage
Furniture (Front Desk, Cubicles, Benches, ETC.)
FF&E General Condition: Good condition

Business Operation

Expansion Potential:

- Increase memberships
- Increase retail sales by increasing retail offering
- Decrease Attrition
- Always have an upsell
- Use Groupon or Class pass to increase memberships

Competition / Market:

- Strong Community at the studio
- Outstanding Teachers
- Great Location, very centralized with other high end businesses in Strip Center
- Welcoming Front Desk Staff
- Extremely positive customer reviews
- Monthly Member Competitions
- Diverse Population at the Studio
- Recognized Brand in the industry
- Strong Leadership from the General Manager

Reasons for selling:

To pursue other ventures

Trading hours:

Monday and Wednesday: 8:30 am – 9:30 pm Tuesday and Thursday : 5:30 am – 8:30 pm Friday: 8:30 am – 5:30 pm Saturday: 8:30 am – 11:30 am Sunday: 8:30 am – 11:30 am and 4 pm – 6 pm

Employees:
13
Years established:
2022

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

# of Weeks Seller Will Offer Training: 2

Furniture / Fixtures value:
$104,000 - included in the asking price
Inventory / Stock value:
$6,273 - included in the asking price