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Business ID BS141408

Well Respected Yoga Studio For Sale - Predominantly Under Management in Eastern Suburbs, Sydney

Profits to an owner operator $125,000 pa - Asking Price: $248,000

Xcllusive Business Sales is proud to present this well respected and established Yoga Studio in a very central location in the Eastern Suburbs of Sydney. 

The business was established by the existing owner in 2011 and has consistently operated profitably since it started. Currently the business boasts 460 members and hosts 42 classes per week with more than 2600 visits per month. Most importantly this business is driven by the owner who is no longer involved in teaching of the classes. The owner works on the Business Financials, Marketing and Administration functions often remotely from home.

Some notable business highlights are as follows:

• Sales in the region of $500K pa
• Very scalable operation
• Great location
• Growth area with lots of high rise residential under development
• Owner works on the business, not in the business
• Operating profit circa $125K pa 
• Large amount of recurring subscription-based income (circa 70%)
• Well-structured and systemized business
• Very clean set of financials
• Very minimal working capital required on day one
• Great cashflow

The owner is naturally wanting to assist an incoming owner with a smooth and seamless transition. A suitable handover and training period would be subject to negotiation at the time of an offer.

The business has a number of opportunities to be explored for expansion should a new owner wish. The current owner is happy to assist the new owner with business insights to identify and capitalize on unexplored areas of opportunity should they wish.

Asking Price: $248,000

Xcllusive Finance

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