Catylist ID:
#30663249
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: | $12,000 (Annual) |
| Cash Flow Type: | Sellers Discretionary Earnings |
| Relocatable Business: | Yes |
| Sale Terms: | Owner financing available |
| Last Updated: | 5/15/2021 |
Overview / Comments
|
Barred Studio is a well established downtown exercise studio. barre.[d] is a fusion workout of pilates, yoga, physiotherapy, and dance. our method remains low-impact with a POP of HIIT training incorporated to increase the caloric burn and strengthen your muscles. Our classes are known to build lean strong muscles, tighten the core, and prevent injuries while cross-training. Purchase includes all FF&E, customer lists, lease transfer and goodwill. Sale includes: childcare facility, studio equipment, weights, mats, lounge furniture, officefurniture and equipment, studio barres, studio mirrors, sound system. |
Additional Details
| Nearest MSA: | Charlottesville |
| County: | Albemarle |
| Industry Segment: | Health Clubs and Spas |
| Reason for Selling: | Owner no longer has the time to put into the business due to family reasons. |
| Value of Inventory Included ($): | $8,700 |
| Value of Furniture, Fixtures, and Equipment ($): | $18,350 |
| Real Estate Status: | Leased |
| Value of Real Estate Included ($): | $0 |
| Real Estate Lease Description: | Purchase of Business will be contingent on Buyer negotiating a lease with landlord that is acceptable to purchaser |
| Employee/Labor Description: | On P&L statements, teachers and support staff will remain |
| Mgmt/Training Support Description: | TBD owner will assist with transition |
| Competition/Market Description: | A+ Location in downtown Charlottesville steps 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 owner had more classes pre COVID can add classes as allowed |
| Seller Financing Description: | On a per deal basis but available very low debt |
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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