Listing Details:

• Business Category:     Fitness
• Price:                             $291,000
• Gross Revenue:           $333,704
• SDE:                              $115,725
  
• Seller Financing:          Yes 
• Location:                       Minnesota
• Employees:                   16
• FF&E:                             $13,500
• Support & training:       Up to 6 months
• Reason for Selling:       Other Business Opportunities       
• Non Compete:               100 Miles for 2 Years   
• Years Owned:                5 Years

Business Description

This boutique yoga and barre studio is a cornerstone of the community, providing a welcoming and supportive environment for practitioners of all levels. With a dedicated membership base, it offers a diverse range of classes, including Yoga Flow, Hatha, Restorative, Barre, and Strength, along with meditation and wellness workshops. The beautifully designed studio features two distinct rooms: one for Barre, strength training, and non-heated yoga, and another dedicated to hot yoga, equipped with a state-of-the-art, computer-controlled heating system. Led by experienced instructors who foster personal growth and connection, the studio is known for its high-quality instruction and exceptional customer experience.

Business History

Founded during the pandemic, this yoga studio adapted and thrived through challenges, growing steadily ever since.

Competitive Analysis

This yoga studio stands out in the local market due to its strong community presence, high-quality instruction, and diversified offerings. Unlike many competitors that struggle to find qualified instructors, this studio provides instructor training courses, ensuring a consistent pipeline of well-trained staff. Its well-established membership base and focus on a welcoming, inclusive environment set it apart from larger, more impersonal fitness centers. Additionally, the studio’s premium class experience, serene atmosphere, and focus on holistic wellness give it a competitive edge over traditional gyms and boutique fitness studios that lack a dedicated yoga focus.

Growth Potential

With minimal marketing efforts, this business has grown primarily through word-of-mouth and a loyal member base. Expanding digital marketing, social media presence, and partnerships with local businesses could significantly increase brand awareness and membership. The in-house teacher training program provides a steady stream of instructors, allowing for additional class offerings and revenue growth. With the rising demand for wellness services, this studio is well-positioned for continued expansion.

Facilities

Rent space in high-traffic strip mall.

Number of Employees

• 1 Manager
• 0 Full Time
• 15 Part Time
• Total: 16

Owner Weekly Hours

25 hours