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Dance Studio

  • Status: Available
  • Price: $125,000

John Irvine

License No:
DRE #00988287
Email:
john@lbaweb.com
Office:
925-932-2450
Mobile:
925-932-2450
  • Listing No: 3963
  • Status: Available
  • Area: 3500
  • Price: $125,000

Description

For sale is a profitable Dance Studio located in Contra Costa County. The business specials in dance classes teaching Ballet, Jazz, Tap and others to children as young as 2 years to young adults. The premise lease offers approximately 3,500 sq.ft. for a base Rent $3,100/m. Current Lease expires in 2024 with 2 x 5 years options. The leased space is broken down into several dance studios (for classes), a private office, lobby, and entrance hallway- plus a large storage room and two ADA Restrooms. hours vary each day depending on classes. Some of the fixtures and equipment included in the sale include portable and wall mounted barres, set of cubbies, several rolls of carpet mats, cameras and DVR’s for close circuit monitors, lockers, hula hoops, toddler parachutes and balance beam, office supplies and mini fridge….and more. Presently there are six instructors including the working owner plus a front desk person. #3963

This Business has been SBA approved but only for $100,000 and that is not taking into consideration the Covid-19

Business Information

Ownership Type: Corporation
Year Established: 2014
Year Purchased: 2014
Business Type: Dance Studio
License(s) Required: Business
Hours of Operation: 3.30 pm- 8.30 pm
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 3963
Date Available: 07/20/2020
Reason For Sale:

Financial Information

Annual Total:
$240,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:
$6,000

Lease Information

Base Rent:
3100/m
Lease Expires:
2024
Lease Option:
2 x 5 years option
NNN:

Financing Information

Down Payment:
$12,000
Owner Will Carry:
Other Finance:
Terms:

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