Cardio Barre, Great Loc. Growing Biz, High End Dance Fitness Studio!

Pleasanton, CA (Alameda County)

Cardio Barre, Great Loc. Growing Biz, High End Dance Fitness Studio!

Asking Price:$100,000

Cash Flow:N/A

Gross Revenue:$77,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2014

Cardio Barre, Great Loc. Growing Biz, High End Dance Fitness Studio!

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Business Description

Growing turn-key business, High end, Great location with Ample Parking

Cardio Barre is unlike any thing else in the world. It is a popular high intensity and low impact ballet workout. It gives you a dancers body in a fun and personal atmosphere. The terrific business is in a good location convenient to the 580 and 680 freeways with ample parking! The business has high margins and repeat monthly members on a subscription model. The business center provides a large market for afternoon classes, while locals typically come during the day. This is a high end business with many repeat customers and huge upside! The brand has been around for 15 years and has 18 locations in California!

Cardio barre has a good and healthy customer base of local high income women. Business is growing at about 20% topline and 30% CAGR. Costs are fixed for 8+ years. Instructors are well trained and keen on customer retention. The business philosophy of this high end chain is doing everything correctly and offering our customers true quality. All of our instructors are classically trained with at least 4 years in ballet. There is no comparable ballet workout in the East Bay!

Business is pretty simple to operate as you do not have much COGS or inventory. There are high margins and almost no inventory. Business receives about 95% of sales via CC. Most employees have been there several years and are well trained to service clients. Comes with a new washer/dryer as well. Its also possible to add childcare to the location as a added bonus for the new operator.

This business is really a dream come true for a hungry and fit professional, set your own schedule and grow this business, shape your future! I've done the heavy lifting of build out and initial client acquisition, it will now blossom over time! Its up to you to seize the upside. The landlord is very responsive and easy to work with, they do some marketing for the center and maintain the common areas meticulously.

This is a relationship business and requires a outgoing people person to serve as a owner/operator. A natural people person will enjoy leading this group of talented and beautiful instructors and receptionists!

Detailed Information

Employees:
10
Facilities:
Will include all assets of the business including: proprietary inventory and equipment, professional audio equipment, equipment to operate business, computers, HVAC system and all TI's. Everything delivered in good working order.
Competition:
Only Cardio Barre in East Bay, there is nothing comparable. Other gyms nearby: 24 hour fitness, Orange Theory Fitness
Growth & Expansion:
Please call for more details regarding Other Bay Area locations.
Support & Training:
Will provide buyer with all information necessary including: training on day to day operations, client marketing, customer retention and service, employee management details, franchise training, and industry specific information.
Reason for Selling:
Commute form SF to Pleasanton
Franchise:
This business is an established franchise
Business Website:
http://cardiobarre.com/studios/pleasanton-ca/

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Business Listed By:
Nick Wen

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