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Business for Sale Summary

Dance Studio For Sale in Dutchess County, NY - 29066

Business Type: misc. retail/non-classifiable,schools/ education,sporting goods/ exercise/ gyms,educational services / schools,misc. servicel/non-classifiable,new to market,seller financing available
Owner Financing
Dance Studio For Sale in Dutchess County, NY
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Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $125,000
Gross Revenues $210,000 Lease Remaining Register Free to View
Owner’s Cash Flow $68,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and Balance over 2 years at 5%

Business Description

Established Dutchess County dance studio for sale. This space has 4k sq. ft., two classrooms, studios, parent lounge and waiting area. There is also retail. This location cost $100k to build out, 7 years ago. There is a 12-year lease. Currently open Monday through Thursday, but parents are asking for more days and classes. This business should be open Saturday. Both dance classes and dance birthday parties are held here. There is also a summer camp and private lessons. All types of dance for ages two and up. Adult classes and dance competitions are done, as well. Partnership issues have forced this sale. Additonally, there is another dance studio in a different county, also available for purchase for the right buyer.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.