Profitable Coastal Yoga Studio

San Diego, CA (San Diego County)

Seller Financing Available
Profitable Coastal Yoga Studio
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Asking Price: $250,000

Cash Flow: $75,000

Gross Revenue: $350,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $4,500 /Month

Established: N/A

Profitable Coastal Yoga Studio

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Business Description

Profitable coastal yoga studio within 1 mile of beach. In business over 5 years and foot traffic has grown every year.

Currently fully managed and owner's report for meetings bi-monthly. Staff includes studio manager, lead teacher, and front desk/marketer. Opportunity for investor to make passive returns or owner/operator to get actively involved for bigger profits.

Revenue over $350,000 each of the last 2 years and trending up in 2019. Net Profit of over $75,000 each of last 2 years. Seller's Discretionary earnings over $100,000 each of last 2 years.

Current lease is under $2.50/sqft Gross with 4 years left and an additional 5 year option at current lease rates.

Seller is in the process of moving and would like to focus on opportunities near new home. The business is fully managed so seller not in a rush to sell. Would consider seller financing for the right buyer.

Seller Financing Terms: 4% annually on a 5 year term with $150,000 down.

Interested buyers must be able to provide proof of funds and ability to close in order to get more details about the business.

This is an asset sale: Location, lease, client list, teachers, management and everything included. Except for the brand name. Seller is planning on opening another studio in the the future under same name.

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
3
Facilities:
N/A
Competition:
Southern California is a highly competitive market, but this studio is well established with a strong local community supporting it.
Growth & Expansion:
N/A
Financing:
Seller financing available. See Summary for details.
Support & Training:
Happy to provide up to 4 weeks of training
Reason for Selling:
Moving out of state
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Business Listed By:
Studio Owner

Listing Statistics

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Demographic Information

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