Performing Arts Dance Studio in New York - 36431 Business Type: catering and event planning,misc. service/non-classifiable,other personal services,owner financing available,schools/ education,sports complex,sporting goods/ exercise/ gyms
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $400,000 | Down Payment | $150,000 |
| Gross Revenues | $500,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $195,000 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and 250,000 for 5 years @ 8%
Business Description
Highly Profitable and Well-Established Performing Arts Dance Studio
Located in a prime area with low rent, this 4,000 square foot studio offers an exceptional opportunity.
The current lease is significantly under market value, with a new 10-year lease available for negotiation.
The business is fully staffed and operates efficiently with the seller working just 20 hours per week.
A buyer with no prior experience can expect to net $125,000 annually, even after paying an experienced manager $1,000 per week during the training period.
The seller is willing to stay on and provide training for a salary.
There is significant potential to increase revenue by adding classes such as yoga, mommy & me, homeschooling programs, or crafts during off-hours.
This business boasts fantastic reviews and includes over $100,000 in equipment.
If you love working with children and are looking for a profitable investment, this is the perfect opportunity.
For more details and to schedule a meeting, please contact Broker Jim Aloi at 631-375-4100.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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.
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