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Scottsdale

  • Listing No.: 115-11017

  • Category: Fitness

Asking Price $75,000
Down Payment $75,000
Gross Revenue $102,000
Total Adjusted Net Income $0
Equipment/Fixtures $120,000
Year Established 2014
General Location Scottsdale
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Well established and nicely built-out dance and fitness studio located in a busy plaza in Scottsdale. Studio has about 200 regular clients and 12 highly experienced, stable instructors trained in several different styles of dance. The elevated maple “sprung” wooden floor with optimal dance floor technology is designed to minimize injuries. The studio has excellent reviews and would be an excellent opportunity for a dance instructor with a book of business wanting their own turn-key studio. Owner is needing to sell due to work obligations but is open to continue as an instructor on a part time basis.

Gross Revenue $102,000 Listed Price $75,000
Total Income $0 Down Payment $75,000
Base Rent $3,100 Square Feet 3200
Total Rent $3,100 Lease Expiration 4/2019
Rent Deposit $0 Lease Options Two 5-year options
Inventory $1,000 Leasehold Improvements
Equipment/ Fixtures $120,000 Other Assets
Full-Time Employees 0 Training Period 2 weeks
Part-Time Employees 1 Special License Required
Contract Staff 12 Reason for Selling Other business obligations

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.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.