Acquire a Thriving Boutique Barre Studio in Prime Location

Asking Price$150,000

Cash Flow
$36,837
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$160,700

Inventory$6,000
Not included in asking price
FF&E$29,000
Included in asking price
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Acquire a Thriving Boutique Barre Studio in Prime Location


Asking Price$150,000

Cash Flow
$36,837
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$160,700

Inventory$6,000
Not included in asking price
FF&E$29,000
Included in asking price
Business Description
Neighborhood Barre Bearden (NBB) is a premier boutique fitness studio that has been a pillar in the Bearden community for 12 years, specializing in the popular effective barre method of exercise. Conveniently located in the vibrant Western Plaza, just two miles from the University of Tennessee campus, the studio offers an inviting and revitalized space, having undergone a comprehensive remodel less than a year ago. Backed by a talented team of instructors and a loyal, growing client base, NBB has experienced an impressive 30% membership growth in the past 10 months. The franchise was recently purchased by Extraordinary Brands who brings a wealth of support and experience to help maximize operations and revenue generation. With a strong commitment to further expansion, the studio is well-positioned for continued success, making it the ultimate destination for barre enthusiasts. The potential for this exceptional studio is limitless.
About the Business
Years in Operation
13
Employees
12
Franchise
This business is an established franchise
Facilities & Assets
Great location in a vibrant, health-focused shopping center.
Opportunities for Growth
The owner was limited to 20 hours of work per week due to other obligations and still realized profitability. The growth potential is huge.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
A need to focus more time on family concerns.
Transition Support
The franchise owner, Extraordinary Brands, provides robust support and training ensuring operational and financial success.
Listing Info
ID
2285551
Listing Views
1463

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Business Listed by: Chris Smith Perfect Fit Business Alliance

Listing ID: 2285551 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.