Centrally Located Multi-Event Dance Studio
Asking Price: | $249,500 |
Gross Revenue: | $415,338 |
FF&E: | $59,820 |
Cash Flow: | $68,383 |
Inventory: | $2,500 |
Established Year: | 2002 |
Stellar Reputation - Centrally Located!
Unique 7,500 square foot facility
Centrally Located
Operating 22 years
Stellar Reputation
With a solid track record of twenty-two years, this large-scale dance studio has established a strong reputation in the industry. The business offers a comprehensive range of services, catering to various training needs, custom classes, and dance challenges. The studio offers 35 dance styles, including American and International Ballroom, club, Broadway-style theatrical, and country dances. The facility also hosts regularly scheduled dance competitions that draw participants from a wide radius. Years of experience and a phenomenal reputation make this studio a trusted choice for training. Further, it offers an excellent platform for those with a competitive edge.
The studio offers a unique feature in that it regularly holds multiple simultaneous events. The events occur seamlessly in the 7,500-square-foot space with separate entrances and exits, kitchens, restrooms, and dance floors. Additionally, while the ballroom is a traditional setup, the additional spaces offer more of a club feel that younger dancers seek. Three spaces are contained in the venue, and each has its sound systems, lighting systems, tables, cushioned chairs, and dance floors. This feature allows for the rental of one room while continuing the primary business of teaching in other rooms. The dance club, one of the three spaces, is a unique feature of this ballroom dance studio as it attracts and retains the younger demographic's interest in different dance forms.
Positioned nicely for growth looking forward, the current owner base has decided, for various reasons, that now is their time for retirement. However, the owners will remain and participate in transitioning the business to a new owner looking to pick up where they left off.