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Most Impressive Yoga / Pilates / Fitness Center For Sale

Broward County, Florida, US
Asking Price:
$1,200,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,401,488
Cash Flow:
$300,590

Must see, most impressive Yoga / Pilates / Fitness facility in South Florida! Established in 2016, could operate as absentee owner or as hands-on owner/operator. Be a part of the hottest trend in fitness. Great room for expansion and additional activities. The foundation of the studio combines the physical along with the spiritual journey. The offered classes include Yoga, Heated Yoga, Barre, Silks, Pilates, Hot Pilates, TRX, Spin, Bootcamp, Battle Ropes, Cardio Kick Boxing, Special Kid's Classes, and Teacher trainings. Over 600 active members on autopay- this does not include all the members that are on class packages.. The classes are professionally choreographed and lead by the best instructors in the region with the most beautiful facility, it is not your typical small yoga studio, it is much more than that. Total facility is 12,500sf including a beautiful lobby and sitting area, fully equipped juice bar that is rented out to a subtenant, 5 fitness rooms : 1 unheated Yoga room 1000sf, 1 unheated Pilates and Barre room 900sf, 1 heated small mixed use room 800sf, 1 heated large mixed use room 1000sf, 1 fitness room 1000sf, as well as equipment room, beautiful women's spa like locker room with 5 showers and 5 bathrooms, Men's spa like locker room with 4 showers and 2 bathrooms. Complete facility is ADA compliant. The heated rooms are heated by top-of-the-line gas heating and humidifying systems. All rooms including state of the art sound systems with Bluetooth connections and microphone connections, security cameras throughout the facility and alarm system. Class scheduling and customer experience are all managed with the most updated technology, automation, and application. It is a gorgeous very high traffic location, plenty of parking space, great lease, it is truly a rare find. $1,800,000 of beautiful buildout, $100,000 of furniture and equipment and $10,000 of inventory, are all included with the sale.

Please refer to listing #0101-730724 and ask for Moche Hazout when inquiring.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiration Date-December 2, 2029

Leasehold Rent:

$23,575 per annum

Location:

Commercial

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Trading hours:

Mon-Thur-6:00am-8:30pm; Fri-Sun-6:30am-6:00pm

Employees:
43
Years established:
10

Other Information

Support & training:

2 weeks training at no cost

Financing available:

Amt: 960,000. Int: 9.5% Mos: 120 Mo Pmt: $12,422.17

Furniture / Fixtures value:
$100,000 - included in the asking price
Inventory / Stock value:
$100,000 - included in the asking price