Profitable, Established, Newly Renovated Hot Yoga Studio and Boutique

Austin, TX (Travis County)

Studio
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Asking Price: $200,000

Cash Flow: $70,000

Gross Revenue: $250,000

EBITDA: N/A

FF&E: N/A

Inventory: $11,000*

Rent: $5,300 /Month

Established: 2010

*not included in asking price.

Profitable, Established, Newly Renovated Hot Yoga Studio and Boutique

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Business Description

Profitable and Established Hot Yoga Studio and Boutique

This top rated, well established hot yoga studio has been serving the West Austin suburb community of Lakeway for the past 9 years. This is your opportunity to own a profitable hot yoga studio in one of the fastest growing cities in America. It has seen steady growth and a loyal customer base of over 250 recurring subscription accounts. Incredible location on main road that provides high volume of traffic. Studio is newly renovated including all walls painted, retail/locker floors painted, new tile showers and water fixtures, washer/dryer installed, wifi thermostats installed, retail space expanded, all locks have recently been replaced, and new door signage (interior and exterior).

Over 10 skilled instructors, that are some of the best in Austin, teach over 42 classes per week. The classes are some of the hottest in Austin. Studio offers a range of classes: vinyasa, flow, meditation, yin and special workshops.

The studio has one of the most amazing, relaxing, nature views in Austin with an abundance of natural light. Inside there is one large studio 1200 sq ft with two walls that are full windows and one wall that is full mirrors. Professional installed furnace and humidifier enables classes to reach over 105 degrees with over 50% humidity. Includes women’s and men’s locker rooms that include showers, toilets, sinks and storage bins. There is also a covered pergola and large yard for outside classes. Large, free, convenient parking lot for students and teachers. Located close to Lake Travis, offering many out of town clientele.

Marketing opportunities include email list of over 3,600 customers, established social media presence (instagram, facebook, twitter), top organic search listings, top google places/maps listing, optimized google ads campaigns.

Studio also has a retail area that does substantial revenue selling products from the following vendors: LuluLemon (only store in West Austin Suburbs), K-Deer, Spiritual Gangster, Om & Ah London, Pura Vida, Love Project, Free People, Sugarboo & Co, Manduka, Jade, B Mat.

There are many opportunities to increase revenues via focus on local marketing, longer retail hours and offering non yoga classes.

* 2 Year Lease option to renew
* Turn key operation
* Profitable
* Established 9+ years in business
* 10 of the most talented teachers in Austin
* Close to Lake Travis, many out of town clients
* Beautiful Views from studio

Detailed Information

Location:
Austin, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,154
Lease Expiration:
6/1/2021
Employees:
10
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Business Listed By:
Jeffrey Rix

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