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Nice Builtout Yoga Studio Selling Below Asset Value For Sale

Hampton Roads, Virginia, US
Asking Price:
$99,900 (USD) Inventory / Stock included
Sales Revenue:
$143,278 (USD)
Cash Flow:
Available on request

This beautiful Yoga Studio is selling below asset value. They have a very good reputation in the area and a very nice facility. The facility includes a Large Yoga Studio with enhanced heating for Hot Yoga, Smaller Studio for more intimate settings, a therapy room and lockers with showers!

There are over a dozen instructors on staff that teach the classes, a library of online classes and good systems in place to manage business. Get into this business at below start up costs, but with an already existing monthly members and a team in place.

Property Information

Real Estate:

Lease

Lease Terms:

Lease ends 12-31-21.
1 option for 3 years

Leasehold Rent:

$39,600 (USD) per annum

Premises Details:

Large studio in a nice facility with a $240,000 initial build out, with a therapy room and locker room with showers.

Business Operation

Expansion Potential:

New buyer can add additional services, increase marketing

Competition / Market:

Other yoga studios

Reasons for selling:

Other business interests

Trading hours:

Hours varies with classes, open Monday-Sunday

Employees:
14
Years established:
10

Other Information

Support & training:

2 week of training

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Substantial Seller Financing Available. $95,900 if contract by end of August.

Inventory / Stock value:
$500 (USD) - included in the asking price

Contact Information

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