Profitable Barre Studio in Suburban Northeast
Country: United States
This boutique fitness studio is located in an upscale downtown area. The studio offers 60-minute group fitness classes for primarily female clientele of all fitness levels and ages. The workout incorporates cardio and stretching to lift and tone the entire body. The business operates in a beautifully renovated 2,500 square foot space on a main street with ample parking. The space was built to accommodate a small boutique retail operation as well. The business employs 3 to 5 part-time instructors and classes are offered multiple times each day.
Asking Price: $175,000
Annual Sales: $200,000
Cash Flow: $73,282 annually
Business Location: Great location, Downtown Community, Suburban area
Business State: New Jersey
Active Members: Average 190 unique visitors per month
Average Dues: $25/class
$185/month for unlimited classes
$125/month for 8 classes/month
Facility Sq Feet: 2,500
Year Established: 2016
Employees: 5 employees including part-time instructors
Seller Financing: Negotiable
Competition: Competition is other boutique fitness studios, with closest barre-specific studio 5+ miles away; large multi-purpose gyms
Expansion: Studio is only 3 years old and has continued to grow year over year.
Support Training: Current owner will assist with transition
Reason For Selling: Owner Relocating
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- New Jersey