Popular, profitable, women's dance/fitness studio in great location!

San Diego, CA (San Diego County)

Popular, profitable, women's dance/fitness studio in great location!
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Asking Price: $70,000

Cash Flow: $58,000

Gross Revenue: $180,000

EBITDA: $58,000

FF&E: $8,000

Inventory: $2,000

Rent: $3,500 /Month

Established: 2009

Popular, profitable, women's dance/fitness studio in great location!

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Business Description

Turnkey business opportunity!

This is your chance to grow a fitness studio from a rock solid base! Five star Yelp, Google, and Facebook ratings. Has been in the same great location for 10 years and has become a landmark. Business price is well below current valuation. Your investment can be returned in as little as one year with current cash flow, but profits could grow explosively with stronger marketing. Many customers are on monthly auto-pay plans. Owner is retiring, and honestly, hasn't pushed for growth in the last few years, but the business is strong and customer loyalty is extremely high.

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,050
Lease Expiration:
10/1/2022
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Comes with everything you need. All equipment included! Web and social media presence is solid. Scheduling/booking system is set up and running. Tons of promotional and branded apparel included. Though it's a niche player, the company's name is recognized worldwide! Lease can be easily transferred.
Competition:
This is not a typical fitness studio, and has very minimal competition. It has an edgy, youthful target demographic. You'll understand when you contact for more information! :)
Growth & Expansion:
Tons of potential growth. Current owner has not marketed aggressively. Opportunities for for subscription income!
Financing:
Some ability to negotiate.
Support & Training:
Depending on your experience, owner is willing to do as little or as much as is needed to ensure success!
Reason for Selling:
Owner is retiring
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Business Listed By:
Marie Davidson

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