40 Yrs Est Dance Studio For Kids

Palm Beach County, FL

Seller Financing Available
40 Yrs Est Dance Studio For Kids
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Asking Price: $325,000

Cash Flow: $78,282

Gross Revenue: $368,174

EBITDA: $78,282

FF&E: $200,000

Inventory: N/A

Rent: $6,000 /Month

Established: 1980

40 Yrs Est Dance Studio For Kids

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Business Description

Long established children's dance studio for sale in high end part of Palm Beach County. Same owner for the past 24 years who is now retiring. Dance center offers an assortment of ballet, jazz, hip hop, acrobat, modern, and tap dance classes for kids aged 4 and up. Deluxe 5400 sq ft facility (with $6,000/month rent) features four studios with raised and sprung dance floors (two with marley), dressing room, teachers room, waiting area, and two offices. All equipment and amenities are new and modern and a delight for both parents and students. Twelve highly trained dance instructors are paid on an hourly 1099 independent contractor basis. Two additional staff members help with registration and administration. Owner only teaches about 5 hours per week and can easily be replaced. Annual recitals and summer programs round out the regular school year's classes. Multiple generations of families have attended the studio because of the outstanding teachers, customer service, location, and deluxe facility. Current enrollment about 150 kids - most of whom are on automatic billing. Seller will consider some financing. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.

Detailed Information

Location:
Palm Beach County, FL
Real Estate:
Leased
Building SF:
5,400
Lease Expiration:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Will consider some seller financing
Support & Training:
30 days
Reason for Selling:
retirement
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martin berliant

Business Listed By:
martin berliant

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