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N. Scottsdale

  • Listing No.: 115-11093

  • Category: Fitness

Asking Price $250,000.00
Down Payment $250,000.00
Gross Revenue $800,000.00
Total Adjusted Net Income $110,000.00
Equipment / Fixtures $25,000.00
Year Established 2014
General Location N. Scottsdale
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Well established and profitable one-of-a-kind yoga studio offering a large variety of yoga classes, workshops, and training events accommodating all ages and abilities. Located in a high traffic plaza in Scottsdale with great visibility from the main street. This space is very nicely built out with two spacious studios, a retail area, reception and gathering area, and 3 bathrooms. Business is fully staffed with over 20 highly experienced and reputable teachers, a front desk staff, and a full-time studio manager. A large percentage of revenues are from clientele on renewing auto-pays. Excellent reviews and social media presence. Owner is willing to stay on board as a part-time teacher if desired. Owner open to seller carry-back financing to a qualified buyer with significant down payment. Inventory not included in listing price.

Gross Revenue $800,000.00 Listed Price $250,000.00
Total Income $110,000.00 Down Payment $250,000.00
Base Rent $7,817.00 Square Feet 3600
Total Rent $7,817.00 Lease Expiration 10/2026
Rent Deposit Lease Options 5-year options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $25,000.00 Other Assets
Full-Time Employees 1 Training Period 2 weeks
Part-Time Employees 4 Special License Required
Contract Staff 20 Reason for Selling Other business venture

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

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