Los Feliz Area Yoga Studio & More – w/Onsite Parking!

Los Angeles, CA (Los Angeles County)

Los Feliz Area Yoga Studio & More – w/Onsite Parking!
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Asking Price: Get Financing: $200,000

Cash Flow: $68,036

Gross Revenue: $219,664


FF&E: $5,000

Inventory: $1,000*

Established: 2001

*not included in asking price.

Los Feliz Area Yoga Studio & More – w/Onsite Parking!

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Business Description

This Los Feliz area yoga studio with onsite parking represents the ideal opportunity for a yoga enthusiast who would like to own and operate their own profitable, well-established studio with a loyal following in a highly popular location. The studio offers a variety of styles of yoga, except for hot yoga, as well as a few complementary services.

Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This 2,500 square foot yoga studio leases for $6,000 per month on secure lease, however a new lease will be negotiated in the sale, with potential options to be determined. All of the business's furniture, fixtures, equipment and goodwill will be included in the sale. Any applicable inventory will be sold at cost at close.
Competition exists on several levels, as large yoga operations exist throughout Los Angeles, and non-studio based yoga exists at various gyms and facilities. With that said yoga enthusiasts tend to remain loyal to local convenient yoga studios and their instructors.
Growth & Expansion:
A new owner may seek to capitalize on the ample studio space and time available by incorporating additional yoga classes, or additional complementary sessions and services such as guided meditation, or workouts such dance or group fitness classes, Pilates, cycling, etc. New management may also seek to join a membership based service such as Class Pass to gain exposure and increase their client base.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:
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Michael Wildeveld

Business Listed By:
Ryan Clark

The Veld Group

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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