Business For Sale

Rapidly Expanding Dance Studio & Community Center

Not Disclosed, NE
Washington County


Asking Price: Annual Revenue:
$65,000 $102,428

Recreation: Gyms, Health & Fitness, Sports


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RE: Rapidly Expanding Dance Studio & Community Center Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $65,000 30% Buyer Down Payment: $19,500 15% Seller Financing: $9,750 55% Bank Loan: $35,750 A 30% down payment of $19,500 would profit $23,619 after debts, representing a 121% return on investment during the first year!

Quick Facts

Asking Price: $65,000
Annual Revenue: $102,428
Net Profit: Not Disclosed
Cash Flow: $31,914
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 3
BBN Listing #: 788434398
Broker Reference #: INS002

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Business Overview:

Located a short drive north of Omaha, this growing dance studio has flourished from just a handful of students to over 120 in the past 6 years. Housed in a spacious, open 6,000-square feet facility, children are instructed in ballet, tap, and gymnastics, and may also participate on dance teams. With the seller, there are 3 other coaches and teachers working Monday through Thursday in the evenings. They recently also added several bounce houses and other fun party essentials for indoor birthday parties and events around the community.

Looking to sell because of family health issues, the owner is willing to stay on as an instructor, and a buyer would be hard-pressed to find a better choreographer. With many credits to her name, she has recently created routines that have qualified her dancers for a world competition.

This studio is in-demand and waiting for a new owner to keep it growing for years to come. Growth exists in partnering with schools for instruction and studio use, as well as adding more adult classes. A buyer could also consider devoting some space for fitness.

At a purchase price of $65,000, a buyer paying 30% down could profit $23,619 after debts. This represents a 121% return on investment during the first year.

Business Information
Year Established: 2011
Location and Service Area: Northwest of Omaha, NE
Classes: Ballet, tap, gymnastics, dance team
Enrollment: 120+ enrolled for classes, 300+ monthly visits
Lease: 6,000 square feet leased for $1,295/month
Reason for Selling: Family health issues
Employees: 3 Coaches/Teachers in addition to seller
Hours: Monday – Thursday 4pm-9pm for classes
Seller Training Period: Seller is willing to stay on as an instructor
Growth Opportunities: Partner with schools; more adult classes convert some classrooms for fitness
Current Owner’s Responsibilities: Owner teaches classes and develops routines

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Property Features and Assets:

Assets Included in Purchase: $5,000 Intangible Assets: Website, active social media accounts that are monitored for SEO traffic; talented roster of teacher/students; name recognition Inventory: $5,000 in apparel Equipment: $15K in industrial bounce houses including a 32 ft. double slide, obstacle course, jousting arena, and traditional bounce houses *amounts may vary

Market Competition and Expansion:

Partner with schools; more adult classes convert some classrooms for fitness

Reason for Selling:

Family health issues.

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.

Documents:

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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