Yoga & Pilates Studio - Sutherland Shire
Stock Included: Yes
Stock Value: —
Years Est: 9
Gross Revenue: —
Business for Sale
Sutherland Shire NSW
Yoga & Pilates Studio: This business is the premier yoga studio in the area and well known within the community. It has won the local business awards twice since opened in 2009. Established 9 years, the business has a loyal customer base and a group of professional instructors in a range of fitness disciplines. The landlord has indicated that a new lease will be available for the buyer providing long term security in the premises.
Potential: A new hands-on owner could drive sales and profit significantly. Very large space that is easily converted into two independent rooms - this means more classes times, more yoga styles/ pilates, fitness, lecture/clinic space allowing increased memberships substantially. The full room has full-length safety-mirrors and large windows at each end- plenty of natural light for when both rooms are operating.
Features: Top floor of building (second level), elevator and stairs access. One large open yoga room (no structural supports intruding) with large door panels that are sound & heat proof to split room into two rooms (a second entry door may be added). Two gas furnaces for Hot Yoga/Pilates (one for each ‘side’ or combined for open room) plus two spare and fully operational furnaces. Foyer and changerooms have independent air conditioning, yoga room has one AC unit per ‘side’. Two large changerooms- Male – 2x toilets, 3x showers: Female – 2 toilets, 4x showers. Plenty of natural light in yoga room, large foyer and seating area. Front desk has 3 computers for signing in. Clothing & sales racks, drinks fridge + supply storage areas. Large windows for advertisements facing busy street. Plenty of availability for further outside advertising. New online booking and buying system integrates with well-known fully automated studio system.
Premises: 272sqm- 144sqm yoga room (total) + 37sqm for foyer and seating + 91sqm changerooms
Location: Situated on very visible busy main road close to railway station, major road intersections and built up residential area. Plenty of off-street/council parking for students and 3x private parking for studio only staff.
Trading Hours: 7 days per week. Currently 26 yoga classes + 2 kids yoga classes- room for plenty more!
Lease: lease commenced Dec 2017 - Expires Dec 2022 (with 3 year extension option, negotiable with landlord). Bond will be required.
Employees: Currently 2 Employees (Owner + Manager). All teachers are Contractors and very happy to stay on, also very willing to learn/teach new yoga styles, pilates and/or other fitness programmes.
Comments: Excellent initial training and support may be provided. Price includes all equipment in very good condition. Stock providers willing to continue . The business name is not included in the sale unless you are specifically trained in its current yoga style, otherwise name change is acceptable. Many students on a Direct Debit facility.
Well known studio within community, we visit schools for fitness, participate in local charities and events. Have won local business awards twice since opening.