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Dance Studio For Sale
Location New York,United States
Asking Price Range < $250K
Gross Revenues $50000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2005
Number of Employees 1 - 3
Inventory 30000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Available upon request.
Reason for Sale Former owner died in April and family can't run business.
Description Dance Studio for sale. Has two floors and newly renovated flooring and roof repair that is being done this week. The place is like new and has a roster of students for those who seek to continue the business. However the space is able to be transformed or used for whatever purpose desired. We are selling the business for $25,000 - which includes the entire studio, ballet bars, mirrors, new wood flooring, new roofing, new sewer pipes, heat, fans, 3 radios and speakers, a dressing room, 2 storage rooms, a box office, a water machine, yoga mats, bulletin boards, and a roster of 100 students contact information. The rent is $2600 a month + utilities (water and electric). There is already a security deposit on the space so all that would be needed from a buyer is to sign the lease. Please email us with any questions. Tours of the space are available by appointment on Mondays, Tuesdays, Thursdays, and Sundays. The studio is conveniently located by resturants, fast food stores, bus stops, the LIRR, and convenience stores. New leaser can buy us out and make the space into whatever they desire or continue to maintain the dance school business. We will train new owners in the dance business for a month if desired. Space was a West Indian Resturant and Bar prior to being opened as a dance studio. Located in a nice neighborhood, in a quiet part of Queens, NY.
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