Hot Yoga Studio For Sale!

Lakewood, CA (Los Angeles County)

Hot Yoga Studio For Sale!
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Asking Price: $45,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $275,000

Inventory: N/A

Rent: $3,481 /Month

Established: 2018

Hot Yoga Studio For Sale!

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Business Description

Newly Built Hot Yoga Studio Near Long Beach Airport

One-of-a-kind hot yoga studio with excellent online reviews and reputation in Lakewood/Long Beach area is for sale. This studio boasts a one-of-a-kind heated studio utilizing a unique radiant heating system and imported Japanese mineral stone flooring. Located near in the Long Beach Airport area with new commercial and retail developments nearby. The studio has a growing client base and class package options as well as is participating in Groupon. Classes are designed to accommodate students of all levels of yoga, from the beginner to advanced. Owner spared no expense, investing $275,000 into the leasehold improvements. The studio is approximately 1,474 SF and is a fully equipped space, reception/retail space, and free convenient parking for students. Great opportunity for a yoga teacher to own and grow their own business in this emerging market.

Detailed Information

Location:
Lakewood, CA
Real Estate:
Leased
Building SF:
1,474
Lease Expiration:
12/31/2019
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located on a highly traveled main street with ample street signage. This studio is boasts a one-of-a-kind heated studio utilizing a unique radiant heating system and imported Japanese mineral stone flooring
Competition:
Two other hot yoga studios within 2 miles of the studio.
Growth & Expansion:
The studio has a growing client base. Currently pricing structure is on a package option. Membership pricing could increase revenue as well as increased social media marketing. The studio's Yelp and Google reviews are excellent and with focused marketing could also be excellent tools for additional growth. Utilization of these media's would further increase traffic/sales. The studio is currently participating in a Groupon campaign.
Reason for Selling:
Investor does not wish to continue as an operator.
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Business Listed By:
Carrie D

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