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Santa Barbara

  • Listing No.: 106-20030

  • 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
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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.

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