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Asking Price$490,000
Revenue$1,906,000 EstablishedUndisclosed
Cash Flow$168,800 Employees2 full, 30 part
FF&E$50,000* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
These two fitness studio operations offer classes in their well-equipped facilities at very popular venues as well as many online/virtual sessions. This long-established business has developed and maintained a large, loyal customer base by having great instructors, up-to-date equipment, attractive, and well-maintained facilities energized by carefully-selected music. The absentee owner's willingness to sell these regional institutions presents an exceptional opportunity for the right buyer.

Location: The two business operations each enjoy excellent exposure to the primary street in their respective Bay Area communities' retail commercial districts. The immediate neighborhoods feature shops and restaurants that support a large number of nearby apartment complexes.

Facilities: These operations, one occupying 2,500 sq. ft. and the other 6,000 sq. ft., the larger space with a full executive office , two separate studio areas, bathrooms, showers and laundry rooms. They are held under leases that have 7 years remaining for one of them and 4 years for the other. The landlords have each expressed openness to a longer lease.

Required Licenses: Business, Health

Real Estate Number: 01731143
Competition:There are several gyms in the area, but none that are close to this business in terms of perceived quality, customer base and loyalty. This company is very uniquely positioned in the market as one of the only dance fitness providers.
Growth Potential:This very successful concept could readily be expanded by bringing its brand to similar operations in the surrounding area. The company has developed all of their own class content and training programs. A new owner might also add classes to capitalize on the studios’ great reputation. This company has most of its revenue coming as renewing in the form of memberships which is very unique in boutique fitness. The company also has great relationships with wholesale fitness providers, like ClassPass, which is critical in these post-COVID times.
Training/Support:The owner will provide the necessary training and introductions so as to facilitate a smooth and profitable transition of this business to the new owner.
Seller Financing:The owner may provide some financing for a well-qualified buyer who makes a substantial down
Sale Reason:Relocation to another region
Ad #132094
Seller Reference #OAKLACA001-N265
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Contact This Seller
Phillip Holt
(510) 523-0232
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