Respected Boulder Yoga Studio
www.GlobalBX.com
Listing ID:
700330773
Listing Title:
Respected Boulder Yoga Studio
Quick Link:
http://www.globalbx.com/listing.asp?bId=330773
Industry:
Entertainment and Leisure
Industry Segment:
Other Entertainment and Leisure
Country:
United States
State / Province:
Colorado
Area
City:
Boulder
Asking Price Range:
< $250K
Gross Revenues:
$180,000
Cash Flow:
$25,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2012
Number of Employees:
1 - 3
Business Description:
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).
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