Rapidly Expanding Dance Studio & Community Center

Omaha, NE (Douglas County)

Seller Financing Available
Rapidly Expanding Dance Studio & Community Center
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Asking Price: $65,000

Cash Flow: $31,914

Gross Revenue: $102,428

EBITDA: N/A

FF&E: $15,000

Inventory: $5,000*

Established: 2011

*not included in asking price.

Rapidly Expanding Dance Studio & Community Center

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Business Description

Located a short drive north of Omaha, this growing dance studio has flourished from just a handful of students to over 120 in the past 6 years. Housed in a spacious, open 6,500-sq. ft. facility, children are instructed in ballet, tap, and gymnastics, and may also participate on dance teams. With the seller, there are 3 other coaches and teachers working Monday through Thursday in the evenings. They recently also added several bounce houses and other fun party essentials for indoor birthday parties and events around the community.

Looking to sell because of family health issues, the owner is willing to stay on as an instructor, and a buyer would be hard-pressed to find a better choreographer. With many credits to her name, she has recently created routines that have qualified her dancers for a world competition.

This studio is in-demand and waiting for a new owner to keep it growing for years to come. Growth exists in partnering with schools for instruction and studio use, as well as adding more adult classes. A buyer could also consider devoting some space for fitness.

At a purchase price of $65,000, a buyer paying 30% down could profit $23,619 after debts. This represents a 121% return on investment during the first year!

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6,500 sq. ft. leased for $1,295/month
Growth & Expansion:
Partner with schools; more adult classes convert some classrooms for fitness
Financing:
15%
Support & Training:
Seller is willing to stay on as an instructor
Reason for Selling:
Family health issues
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Cortney Sells

Business Listed By:
Cortney Sells

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