RICHMOND, Virginia
| Asking Price |
$295,000 |
Year Established |
|
|
| Annual Revenue |
$700,000 |
Reason for Selling |
Owner wishes to retire |
|
| Annual P/L |
$150,000 |
Attention |
Gavin Raphael |
|
| Annual Cash Flow |
$0 |
Listing Number |
1018217 |
|
| # of Employees |
|
Business Category |
Recreation: Gyms, Health & Fitness, Sports |
|
Business Overview:
Light & Raphael is pleased to offer a profitable wellness and yoga studio for sale in Richmond, Virginia. This isn’t just a business; it’s a thriving community. Move-in ready for the next owner. With strong local brand recognition, professional website, social media platform, a built-in recurring revenue model, and a loyal membership base, this studio offers immediate stability with significant untapped potential for expansion. Don't miss your chance to step into a thriving, established wellness legacy.
Property Features and Assets:
<p>Located in a popular shopping center in Richmond, Virginia</p>
Market Competition and Expansion:
<p>U.S. Market Size: U.S. pilates and yoga studios represent an estimated $19.0 billion market.<br>●Delivery Breakdown: Offline and in-person studio classes account for 73.9% of the market, with hybrid and online formats making up the remainder.<br>Demographics and Participation<br>●Participation Rates: About 1 in 6 U.S. adults (roughly 34 to 38 million people) practice yoga regularly.<br>●Gender Split: Women comprise roughly 72% of all practitioners globally, though male participation continues to grow.<br>●Age Distribution: Adults aged 30 to 50 years old lead the demographic, representing over 43.5% of total users.<br></p>
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