40 Yrs Est Dance Studio For Kids

Not Disclosed, FL
Palm Beach County

Palm Beach County


Asking Price: Annual Revenue:
$325,000 $368,174

Recreation: Entertainment


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RE: 40 Yrs Est Dance Studio For Kids Broker: Martin Berliant
Owner Financing is Available!
Will consider some seller financing.

Quick Facts

Asking Price: $325,000
Annual Revenue: $368,174
Net Profit: $78,282
Cash Flow: $78,282
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 14
BBN Listing #: 393629831
Broker Reference #: Not Disclosed

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Business Overview:

Long established children's dance studio for sale in high end part of Palm Beach County. Same owner for the past 24 years who is now retiring. Dance center offers an assortment of ballet, jazz, hip hop, acrobat, modern, and tap dance classes for kids aged 4 and up. Deluxe 5,400 square feet facility (with $6,000/month rent) features four studios with raised and sprung dance floors (two with marley), dressing room, teachers room, waiting area, and two offices. All equipment and amenities are new and modern and a delight for both parents and students. Twelve highly trained dance instructors are paid on an hourly 1099 independent contractor basis. Two additional staff members help with registration and administration. Owner only teaches about 5 hours per week and can easily be replaced. Annual recitals and summer programs round out the regular school year's classes. Multiple generations of families have attended the studio because of the outstanding teachers, customer service, location, and deluxe facility. Current enrollment about 150 kids - most of whom are on automatic billing. Seller will consider some financing. Please contact Martin Berliant or email us for more information. 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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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