Seller's Contact Information
- RE: Children's Dance Studio
- Contact: Martin Berliant
Quick Facts
Asking Price: | $240,000 | |
Annual Revenue: | $690,224 | |
Net Profit: | $107,527 | |
Cash Flow: | $107,527 | |
Total Debt: | Not Disclosed | |
FF&E: | $120,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2006 | |
Employees: | 26 | |
BBN Listing #: | 356029831 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Well established and highly profitable children’s dance studio for sale. Studio has 240 kids enrolled in various dance classes including jazz, hip hop, ballet, modern, and acrobat. Owner is retiring and has minimal involvement in studio. Over $120,000 worth of total equipment and leasehold improvements including three rooms with marley sprung floors and mirrors, new air conditioning units, three closed circuit televisions, and nicely furnished lobby area. Studio employs 20 dance instructors as 1099 independent contractors on an as-needed basis. The studio’s personable service, outstanding social media presence, and limited competition have contributed to surge in students after Virus. Please contact Martin Berliant or email for more information. Please use reply to this ad button. Nondisclosure form is required.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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