Listing Number: 76931-179876
Description
This business is a growing Franchise yoga studio that opened in October 2022 by a husband and wife team that are running the studio semi-absentee. This fitness focused franchise is now available for a new owner operator to take over turnkey at a reduced cost versus purchasing directly from the Franchise and starting up a new operation.
While the seller is passionate about the business, the operation needs a full-time owner to get the studio operating at its peak Level. The studio is located in a very centralized Houston area and is surrounded by other upscale businesses. Included in the sale price are all leasehold improvements ($243K), FF&E ($104K), and an estimated Inventory of ($6.2K).
This is a great opportunity for anyone looking to expand their business portfolio or establish their first yoga studio in a prime territory. In March of 2024 the business was in the black for the first month of the studio’s existence, starting a good trend for 2024.
Listing Details
- Price: $ 198,000
- Down Payment: $198,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 217,027
- Location: Harris County, Texas
- Inventory: $ 6,273
- FF&E: $ 104,000
- Employees: 13
- Year Established: 2022
- Reason for Selling: To pursue other ventures
- Category: Fitness
