Respected Boulder Yoga Studio

Boulder, CO
Boulder County

Asking Price: Annual Revenue:
$35,000 $180,000

Recreation: Gyms, Health & Fitness, Sports

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RE: Respected Boulder Yoga Studio Broker: Greg Wills
Owner Financing is Available!
Can defer 1/2 of payment for up to 6 months.

Quick Facts

Asking Price: $35,000
Annual Revenue: $180,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $370,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 448413411
Broker Reference #: 201904

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Business Overview:

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 ($370,000 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 2,350 square feet 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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Property Features and Assets:

The studio has an efficient heating and cooling system, allowing for "hot" and "power" style classes (up to 100 degrees), while keeping energy bills low (half of that of a typical Core Power). Every detail from the custom wood check in/reception desk to custom cabinetry in the retail shop to the stone and tile in the spa-quality locker rooms, and the cork-padded floors in the practice rooms, is high end and gorgeous. Includes lounge area furniture and artwork.The studio features lots of free parking,and full locker rooms with showers and on site laundry.

Market Competition and Expansion:

Competition: Boulder is one of the strongest yoga markets in the world. It is also a university town with a vibrant and active student population year round. Colorado and Boulder are among the most active and physically fit places to live in the nation. There are a few national, chain, yoga studios in the town, but locals prefer to support local businesses and the market for family-owned yoga studios is growing, with new studios opening each year. This business would allow you to enter the local market without the long and expensive build-out and start-up period. Growth & Expansion: This yoga studio is poised for major expansion. There are multiple studio rooms and the opportunity to run classes and Teacher Trainings simultaneously. There has been strong interest for teacher trainings and special programs, that the current owners have not been able to keep up with. Additionally, national teaching talent is always very interested in coming to Boulder to lead workshops and trainings and the studio is well suited to host these events with strong demand from students (the studio has hosted Shiva Rae and Kathryn Butig among others).

Reason for Selling:

Owner is a new parent, choosing to stay home.

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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