Established and loved Yoga studio for sale in Broward

Pompano Beach, FL (Broward County)

Established and loved Yoga studio for sale in Broward
Contact Seller

Asking Price: $100,000

Cash Flow: $47,000

Gross Revenue: $98,000

EBITDA: N/A

FF&E: $18,500

Inventory: $5,200

Rent: $2,600 /Month

Established: 2018

Established and loved Yoga studio for sale in Broward

Save Print Share Valuation Report

Business Description

Beautiful thriving community yoga studio

The Wellness industry is one of the leading billion dollar growth businesses in the US with little slow down in the forecast. This is your opportunity to walk-into a thriving business that has everything ready to go for a new owner to come in and ride the energy of a successful entrepreneurs creation.

With a solid team and proven systems in place that may include a full-time manager, operations, studio management, sales, and a membership program that is second to none, this community minded studio provides Yoga classes with knowledgeable 30 year yoga veteran, health and wellness workshops, multiple streams of revenue business model and teacher training.

This is your chance to own a turn-key operation that also includes a beautiful website, professionally created and maintained branding standards, fully transferable lease terms through 2022 with a 5-year option, and earning potential of a six-figure income where the owner can run operations remotely and choose to be semi-absentee or fully involved.

The studio and leadership are a deeply loved resource for the community. Excellent skilled staff and the owner is willing to stay on during transition as part of the sale. May qualify for E2 Visa.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
6/1/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located at the 3rd busiest intersection (in a well established plaza with popular restaurants as anchors) Broward County with a transferable lease agreement. 1000 sq ft space with ample parking, elevator, and security. Stunning decor with lots of natural light to keep the space warm. Retail boutique fully stocked with leading brands and furnishings. Custom made fixtures included as well as all the accessories needed to host workshops and community training. Potential for Pilates. Rent 2600 + CAM (avg 1k) - Rent is lower due to 2nd floor location.
Competition:
This boutique studio is unique in its position offering non heated in a very overly saturated hot yoga market. We are also a big supporter to a non profit, and there is a reason it has been successful so quickly. It has a unique niche with its membership programs, trained instructors, and a personal atmosphere the studio creates. Most others are larger fitness style spaces that run an "in and out", non-personalized workout, but this studio has shown deep love and personal connections setting itself apart from the rest.
Growth & Expansion:
Expansion can be developed with support of current owner to include development for corporate partnerhips, special community events and private rentals. The current owner has developed a retreat business plan as well with marketing potential in support of more revenue. A hands-on owner could teach more classes, and run more high end specialty events, effectively increasing profit and community relationships.
Support & Training:
The current owner is willing to train teachers as necessary, and even stay on (in a limited teaching role) if necessary or desired as part of the purchase agreement.
Reason for Selling:
Owner is focusing on family and health
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Jodi Weiner

Show Phone Number

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock

Demographic Information

Household Income:
Unlock
Population Age:
Unlock
Population Change:
Unlock
Population by Race/Ethnicity:
Unlock

Real Estate Insights

Monthly Lease Rate per SF:
Unlock
Sale Price per SF:
Unlock

Metro Area Scores

Walk Score:
Unlock
Transit Score:
Unlock


Ad#:1612561 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Image Studios 360

Franchise Opportunity In FL
Capital Required: $314,200