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Respected Boulder Yoga Studio
Location: United States -> Colorado -> Boulder
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

One of Boulder's premier yoga studios, this yoga studio business was founded in 2012, and has been independently owned and operated. The studio has a prime and highly visible location in a shopping center along a major thoroughfare, and has well established and respected teachers, a robust class schedule, workshops, trainings and has hosted numerous visiting national teachers. This studio's brand is among the strongest independent studios in the area, with a large and loyal student base. The majority of the studio's students are monthly members, generating guaranteed income.

The business is operating smoothly, and a new owner could take over with minimal changes or could completely recreate the yoga program from scratch. There is value in both the physical facility ($370K initially invested in the build-out), and in the on-going operations. The studio has an excellent PT manager who would be willing to continue under new Ownership if asked.

The 2350 s.f studio is in excellent condition and requires no remodeling. The facility is boutique-quality and features two practice rooms (join-able by a folding wall - total of 64 mats).


Financials

Asking Price Range:  < $250K
Gross Revenues:   $180,000
Cash Flow:   $25,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $371,000
Seller Financing:  Yes

About The Business

Year Established:  2012
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owners live locally and willing to provide training and support on an as-needed basis. One month of intensive training, if needed, plus ongoing support for as long as six months. The current studio manager is willing to continue indefinitely.
Reason For Selling:  Owner is a new parent, and is choosing to stay home to focus on family.




Print Listing Id: 700330773
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Colorado Businesses For Sale > Colorado Franchises For Sale > Colorado Business Brokers



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