This established studio offers a diverse range of classes, from high-energy hot yoga and hot Pilates to calming yin and restorative classes, all in a state-of-the-art, infrared-heated space. With a loyal community, strong recurring revenue, and prime location, this business is perfectly positioned for continued growth. Extraordinary membership and revenue recovery from COVID. The nearest competitor is 20-30 miles away. Unlock the potential to expand offerings and increase profits in a vibrant and supportive environment. Don't miss this rare opportunity to own a beloved studio!
- Asking Price:
- $499,000 Furniture / Fixtures included
- Sales Revenue:
- $479,573
- Cash Flow:
- $165,714
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends: 9/2027
Lease options: 1, 3 year
- Leasehold Rent:
-
4527/month per annum
- Size in square feet:
- 2,100
Business Operation
- Reasons for selling:
-
Retirement
- Employees:
- 22
- Years established:
- 2016
Other Information
- Support & training:
-
2 weeks
- Furniture / Fixtures value:
- $10,000 - included in the asking price
