Ideal Yoga Spot In The City

Harris County, TX
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Asking Price:$198,000
Inventory:$6,273
FF&E:$104,000
Gross Revenue:$217,027
Rent:$7,910.2
Established Year:2022
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-179876

This business is a growing Franchise yoga studio that opened in October 2022 by a husband and wife team that are running the studio semi-absentee. This fitness focused franchise is now available for a new owner operator to take over turnkey at a reduced cost versus purchasing directly from the Franchise and starting up a new operation. While the seller is passionate about the business, the operation needs a full time owner to get the studio operating at its peak Level. The studio is located in a very centralized Houston area and is surrounded by other upscale businesses. Included in the sale price are all leasehold improvements ($243K), FF&E ($104K), and an estimated Inventory of ($6.2K).This a great opportunity for an existing franchise owner to add to their portfolio or a buyer who desires this specific territory to launch their first location.. In March of 2024 the business was in the black for the first month of the studio’s existence, starting a good trend for 2024.


DETAILED INFORMATION
Location
Harris County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
01/09/2027
Employees
13
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: (2)- 5 year terms FF&E Overview: (1) Heater (1) Music and Arts Equipment Set (1) Signage Furniture (Front Desk, Cubicles, Benches, ETC.) FF&E General Condition: Good condition
Competition
- Strong Community at the studio - Outstanding Teachers - Great Location, very centralized with other high end businesses in Strip Center - Welcoming Front Desk Staff - Extremely positive customer reviews - Monthly Member Competitions - Diverse Population at the Studio - Recognized Brand in the industry - Strong Leadership from the General Manager
Growth & Expansion
- Increase memberships - Increase retail sales by increasing retail offering - Decrease Attrition - Always have an upsell - Use Groupon or Class pass to increase memberships
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
To pursue other ventures
Franchise
This business is an established franchise
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Raul
Quintero
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Raul Quintero