Owner relocating - their loss is your gain!

Any reasonable offer will be considered for this gorgeous Yoga Studio in Friendswood - owner has pending relocation requirement. Motivated to pass this excellent opportunity to someone who can capitalize on their investment!
Ready to own your own fitness studio? This boutique fitness business opened in September, 2019, after the owners completed a beautiful, welcoming and modern build out. Located in affluent Friendswood - a suburb south of Houston - this charming city is the perfect backdrop for this thoughtfully developed studio that currently offers Yoga, Barre, Aerial Yoga and Pilates utilizing three exercise rooms. The branding and design of this fitness concept has high franchise potential which was part of the long term business plan of the owners. Lease terms are very favorable, and business is located amongst upscale, boutique-like services businesses. Included in the sale price are all leasehold improvements ($198K), FF&E ($25K) and branding rights. Great opportunity for a turn key boutique fitness studio that can support existing classes offered, with the potential inclusion of HIIT, indoor cycling, crossfit or martial arts. A MUST SEE facility for a buyer looking to enter this industry. Cash buyer w/ some seller financing considered.
Business is not currently profitable; this is an asset transaction and therefore a cash buyer is required.
Great brand recognition developed; additional opportunity thru local residents, schools and businesses. No yoga studios in the area, plus offers a variety of unique fitness classes.
After operating the business for 24 months, 18 of which were during COVID, the owners are looking to relocate to pursue their job opportunities (professional) and is the deciding factor to sell. The owners still firmly consider the location and concept to be very promising, but for them, ownership of the business and the time and commitment it will further require to market and grow the business is no longer what they want to focus on. This is ideal for a new owner looking to market and grow the customer base which would translate to a very nice business model in an affluent area with solid profit potential. Also room to expand front boutique area as business grows.
Well maintained outdoor shopping plaza center with other boutique type services businesses. Impeccable modern soothing interior design well appointed.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.