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Portland

  • Listing No.: 106-20744

  • Category: Fitness

Asking Price $119,000
Down Payment $72,000
Gross Revenue $247,429
Total Adjusted Net Income $52,770
Equipment / Fixtures $18,000
Year Established 2012
General Location Portland
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Talk about a turn-key business! This yoga studio is impeccably polished on the surface and meticulously dialed in on the back end. Gorgeous building located in a vibrant, upscale town center yet rent is a steal. Lobby and retail are immaculate. Studio space is welcoming and plush. Strong recurring revenue and sales. Owner is moving out of the country. This is a great business at a great time at a great price. Should sell fast. Please contact Listing Agent Mitch at 404-272-9108 for more information. 

Gross Revenue $247,429 Listed Price $119,000
Total Income $52,770 Down Payment $72,000
Base Rent $2,518 Square Feet 2190
Total Rent $2,518 Lease Expiration 04/2023
Rent Deposit Lease Options 2, 5 year
Inventory $5,200 Leasehold Improvements $112,447
Equipment / Fixtures $18,000 Other Assets
Full-Time Employees Training Period 1 Month
Part-Time Employees 12 Special License Required
Contract Staff 2 Reason for Selling Moving to Costa Rica

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.

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