Return to broker profile

HOT YOGA and Much More

Monmouth County, NJ

HOT YOGA and Much More
Contact Seller

Asking Price: $99,000

Cash Flow: $44,000

Gross Revenue: $220,000

EBITDA: N/A

FF&E: $8,731

Inventory: N/A

Established: 2017

HOT YOGA and Much More

Save Print Share Valuation Report

Business Description

Buy Now! only $99K

his studio is one of the top yoga studios in central NJ offering classes in hot yoga, yoga and recently added spin classes as well. Having added workshops, Reiki, massage and Raindrop Therapy; the studio is covering many aspects of health and wellness. They have been in business for over one year and the buzz is growing.

They offer multiple classes per week for individuals of all ages and levels. The classes are led by skilled instructors (independent contractors) in their two yoga studio rooms and their spin studio. The owner is currently hands-on as an instructor and the studio manager. Hundreds of customers frequent the studio monthly with a significant number of monthly auto-pay members.

The lease runs through 2019 with options to renew. The studio is beautiful and has developed a strong following among customers in central NJ.

Detailed Information

Location:
Monmouth County, NJ
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 3000 sq. ft. custom built facility has one 800 sq. ft. hot yoga studio that maintains a temperature of 104 degrees! Plus much more including the 960 sq. ft. traditional yoga studio, boutique area, lobby space, spin studio, massage room with our resident massage therapist and resident Reiki Master, changing room, kitchen area and bathroom. Everything was custom built in 2017.
Competition:
Regular competition but few Hot yoga studios.
Growth & Expansion:
Biggest asset/reason to buy the business is the possibility of expansion. With the exploding demand for HOT yoga and the existing owners assistance you could easily duplicate the yoga studio across the state. They are established and continue to grow a strong brand to attract new customers.
Support & Training:
Will train for 2 weeks @ $0 cost. In 2015, the number of people practicing yoga in the U.S. alone stood at around 36.7 million and is projected to reach over 55 million by 2020*. Revenue from the yoga industry in the United States amounted to $9.09 billion in 2015 and is projected to reach over $11 billion by 2020*. (* statista.com). Wide variety of classes at different levels and style: YOGA / HOT YOGA / SPIN CLASS / PILATES/BARRE FUSION / SWEDISH MASSAGE / HOT STONE MASSAGE/ FOOT REFLEXOLOGY / CUPPING / REIKI / NUTRITION / RAINDROP THERAPY
Reason for Selling:
Business Development - the seller will consider a partnership or a merger.
Contact Seller

Contact the Seller

Contact Seller Loading

Russell Miller

Business Listed By:
Russell Miller

Murphy Business Sales

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1626549 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


D1 Sports Training

Franchise Opportunity In NJ
Cash Required: $100,000