Profitable, Established, Newly Renovated Hot Yoga Studio and Boutique

Contact Seller
Profitable and Established Hot Yoga Studio and Boutique
Asking Price:
$200,000

Gross Revenue:
$250,000
Cash Flow:
$70,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$11,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

This top rated, well established hot yoga studio has been serving the West Austin suburb community of Lakeway for the past 9 years. This is your opportunity to own a newly renovated, profitable hot yoga studio in one of the fastest growing cities in America. It has seen steady growth and a loyal customer base. Incredible location on main road that provides high volume of traffic. Studio is newly renovated including all walls painted, retail/locker floors painted, new tile showers and water fixtures, washer/dryer installed, wifi thermostats installed, retail space expanded, all locks have recently been replaced, and new door signage (interior and exterior).

Over 10 skilled instructors, that are some of the best in Austin, teach over 42 classes per week. The classes are some of the hottest in Austin. Studio offers a range of classes: vinyasa, flow, meditation, yin and special workshops.

The studio has one of the most amazing, relaxing, nature views in Austin with an abundance of natural light. Inside there is one large studio 1200 sq ft with two walls that are full windows and one wall that is full mirrors. Professional installed furnace and humidifier enables classes to reach over 105 degrees with over 50% humidity. Includes women’s and men’s locker rooms that include showers, toilets, sinks and storage bins. There is also a covered pergola and large yard for outside classes. Large, free, convenient parking lot for students and teachers. Located close to Lake Travis, offering many out of town clientele.

Marketing opportunities include email list of over 3,600 customers, established social media presence (instagram, facebook, twitter), top organic search listings, top google places/maps listing, optimized google ads campaigns.

Studio also has a retail area that does substantial revenue selling products from the following vendors: LuluLemon Affiliate (only store in Lakeway and Bee Caves), K-Deer, Spiritual Gangster, Om & Ah London, Pura Vida, Love Project, Free People, Sugarboo & Co, Manduka, Jade, B Mat.

There are many opportunities for future growth. The current owners just completed a renovation of the studio, updated website, daily cleaning, upgraded all tech, and massive improvement to the retail section. The retail division has grown 300% in the past year. With little work and additional investment the new owners can take an amazing studio and start growing sales and profits.

* 2 Year Lease
* Turn key operation
* Profitable
* Established 9+ years in business
* 10 of the most talented teachers in Austin
* Close to Lake Travis, many out of town clients
* Beautiful Views from studio

About the Business

Location:
Austin, Texas
Year Established:
2010
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
2,154
Rent:
$5,300.00 Per Month
Lease Expiration:
6/1/2021
Contact the Seller

Listing Info

ID:
1461289
Ad Detail Views:
0

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by
Jeffrey Rix

 Show Phone Number


Similar Listings


Report an Issue 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 & Conditions.