Santa Barbara
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Listing No.: 106-20030
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Category: Fitness
| Asking Price | $49,000 |
| Down Payment | $30,000 |
| Gross Revenue | $270,081 |
| Total Adjusted Net Income | |
| Equipment / Fixtures | $5,000 |
| Year Established | 2013 |
| General Location | Santa Barbara |
Mitch McGinley
- Office: (858) 578-4111
- Cell: (404) 272-9108
- wellnessbusinessbroker.com/
- License #: CA DRE 02092636
- Office: (858) 578-4111
- Cell: (404) 272-9108
- wellnessbusinessbroker.com/
- License #: CA DRE 02092636
Enchanting murals decorate this charming two room studio with space for cafe and retail in Downtown Santa Barbara. The 3000 sqft space has everything you need to begin or continue your venture into the fitness industry. Current concept includes an online on-demand library with over 100 videos. A portion of the space is currently being sublet for additional revenue. Great reputation in the community with outdoor class offerings. Enjoy the lifestyle a yoga business affords and reap the rewards of the foundation the current owner has built. Continue with the current concept or implement your own brand in this fantastic space. Inquire today!
| Gross Revenue | $270,081 | Listed Price | $49,000 |
| Total Income | Down Payment | $30,000 |
| Base Rent | Square Feet | 3000 | |
| Total Rent | Lease Expiration | 03/2023 | |
| Rent Deposit | $10,880 | Lease Options |
| Inventory | Not Included | Leasehold Improvements | $25,000 |
| Equipment / Fixtures | $5,000 | Other Assets |
| Full-Time Employees | Training Period | 1 Month | |
| Part-Time Employees | 22 | Special License Required | |
| Contract Staff | Reason for Selling | New Career |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.