Yoga Studio withComplementary Services-Popular Loc

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$325,000 $494,911

Recreation: Gyms, Health & Fitness, Sports


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RE: Yoga Studio withComplementary Services-Popular Loc Broker: Ryan Clark

Quick Facts

Asking Price: $325,000
Annual Revenue: $494,911
Net Profit: Not Disclosed
Cash Flow: $170,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 3
BBN Listing #: 67864929
Broker Reference #: YogSpri

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Business Overview:

This yoga studio is located at the epicenter of the highly popular, growing Los Angeles neighborhood. The studio specializes in hot yoga, but it also offer a variety of other heated and non-heated practices including flow, kundalini, and relax, restore and renew variations thereof via its 20 instructors. The studio also hosts core, cardio and pilates classes in addition to offering day spa type of services including massage. The facility is comprised of the yoga studio, and separate pilates and massage rooms. It boasts a spacious check-in area with a solid retail selection, while guests enjoy fitness center like locker rooms with showers and laundry facilities.

Training: 2 Weeks at 20 hours/week.

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Property Features and Assets:

This well-appointed 4,590 square foot studio leases for $5,616 per month, on a lease until 9/30/22 with 2 five year options. All of the business’s furniture, fixtures, equipment and goodwill will transfer in the sale. Retail inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

While competing studios exist, this venue has a significant competitive advantage due to its location and its attractive lease rate. It is estimated that 80% of its clients live or work in the area and walk to the location. New operators may take this opportunity in any number of directions, or they may prefer to leave it “as is” since it is already quite prosperous. Should a buyer wish to, a full-time working owner-operator could replace some staff for additional expense savings or they could lead classes or provide any form of sessions if they are a yoga or pilates instructor for any other form of practitioner.

Reason for Selling:

Personal

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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