Fitness Studio for Sale

Business Opportunity for Sale
Also listed as Retail-Commercial, Hospitality
Catylist Listing ID: 30663249
Property Subtypes: Health and Medical
Building Size (RSF): 1,500 SF
Sale Price: $33,000
Name of Establishment: barre.{d} studio
Business Website Address: https://www.barredstudio.com/
Year Business Established: 2015
Gross Revenue: $74,785 (Annual)
Cash Flow: $12,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Sale Terms: TBD
Last Updated: 11/3/2020

Overview / Comments

Barred Studio is a well established downtown exercise studio.
barre.[d] is a fusion workout of pilates, yoga, physiotherapy, and dance. our method remains low-impact with a POP of HIIT training incorporated to increase the caloric burn and strengthen your muscles. Our classes are known to build lean strong muscles, tighten the core, and prevent injuries while cross-training.
Purchase includes all FF&E, customer lists, lease transfer and goodwill.

Sale includes:
childcare facility, studio equipment, weights, mats, lounge furniture, officefurniture and equipment, studio barres, studio mirrors, sound system.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Industry Segment: Health Clubs and Spas
Reason for Selling: Owner no longer has the time to put into the business due to family reasons.
Value of Inventory Included ($): $7,000
Value of Furniture, Fixtures, and Equipment ($): $18,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Purchase of Business will be contingent on Buyer negotiating an acceptible lease with landlord
Employee/Labor Description: On P&L statements
Mgmt/Training Support Description: TBD
Competition/Market Description: Located in A+ Location in downtown Charlottesville step from the downtown mall and 1 block from the city public parking lot. Vibrant active downtown community is perfect for this business
Growth/Expansion Opportunities: Second Location
Seller Financing Description: On a per deal basis

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,110 74,755 88,263
Median Age: 30.88 31.81 33.52
Households: 9,618 29,543 35,026

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