Boulder Yoga Studio

Boulder, CO (Boulder County)

Seller Financing Available
Boulder Yoga Studio
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Asking Price: $180,000

Established: 2012

Boulder Yoga Studio

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Asset Sale Description

Beautiful leasehold improvements

One of Boulder’s premier yoga studios, this yoga studio business was founded in 2012, and has been independently owned and operated. The studio has a prime and highly visible location in a shopping center along a major thoroughfare, and has well established and respected teachers, a robust class schedule, workshops, trainings and has hosted numerous visiting national teachers. This studio's brand is among the strongest independent studios in the area, with a large and loyal student base. The majority of the studio's students are monthly members, generating guaranteed income.

The business is operating smoothly, and a new owner could take over with minimal changes or could completely recreate the yoga program from scratch. There is value in both the physical facility ($370K initially invested in the build-out), and in the on-going operations. The studio has an excellent PT manager who would be willing to continue under new Ownership if asked.

The 2350 s.f studio is in excellent condition and requires no remodeling. The facility is boutique-quality and features two practice rooms (join-able by a folding wall - total of 64 mats).

Detailed Information

Facilities:
The studio has an efficient heating and cooling system, allowing for "hot" and "power" style classes (up to 100 degrees), while keeping energy bills low (half of that of a typical Core Power). Every detail from the custom wood check in/reception desk to custom cabinetry in the retail shop to the stone and tile in the spa-quality locker rooms, and the cork-padded floors in the practice rooms, is high end and gorgeous. Includes lounge area furniture and artwork.The studio features lots of free parking,and full locker rooms with showers and on site laundry.
Financing:
Can defer 1/2 of payment for up to 6 months.
Support & Training:
Owners live locally and willing to provide training and support on an as-needed basis. One month of intensive training, if needed, plus ongoing support for as long as six months. The current studio manager is willing to continue indefinitely.
Reason for Selling:
Owner is a new parent, and is choosing to stay home to focus on family.
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Greg Wills

Asset Sale Listed By:
Greg Wills

Touchstone Business Advisors

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).


Sponsoring Broker:
Charles Spickert, CBI

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