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Profitable & Unique Yoga Studio In DC

Listing No: 993558 | Category: Fitness | City: Washington | County: District of Columbia | State/Prov: District of Columbia

Photo of 993558

Total Purchase Price:
$250,000


Down:
$37,500


Gross Revenue:
$257,153


Owner Benefit:
$112,459


EBITDA:
$72,459

Business Description

This is a great opportunity to purchase a thriving yoga studio known for its culture and uniqueness located in a desirable area of DC. It offers classes inside and outside on a property with appealing characteristics. Revenues grew tremendously from 2016 to 2017 and are continuing to improve in 2018. This young studio is located in a rapidly gentrifying area expanding future clientele opportunities. A new owner can easily succeed by just continuing with the existing proven business model, however, there are plenty of opportunities to expand the class schedule and variety. All furniture, fixtures, and equipment are generously included in the sales price. The owner is confident in the future of this business and is willing to offer up to $25,000 in seller financing to assist a new buyer with a bank’s required down payment. Contact us now to learn more about this rare opportunity!
  • Inventory: $3,000
  • FF & E: $7,000
  • Leasehold: $150,000
  • Lease Total/month: $3,472
    • 01) Base Rent/month: $0
    • 02) Triple Net/month: N/A
      • 2a) Maintenance/month: $0
      • 2b) Insurance/month: $0
      • 2c) Property Taxes/month: $0
    • 03) Sales Taxes/month: $0
    • 04) Other (etc.)/month: $0
  • Square Footage: ~1600 indoors, ~1800 outdoors
  • Building Type: Historic building, freestanding.
  • Terms & Options: No remaining options; Expiration Date: 2/29/2020

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