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- RE: Successful Dance Studio And Retail Shop
- Contact: Anthony J.
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $514,788 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $30,683 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 6 | |
BBN Listing #: | 949885 | |
Broker Reference #: | 1431 |
Business Overview:
**SELLER FINANCING AVAILABLE**
This acquisition presents a unique opportunity to take over a thriving dance studio with loyal clientele and a well- established reputation in the community. The combination of high-quality dance instruction and a fully-stocked retail shop makes this business a valuable and versatile investment.
Situated on a bustling main street in a charming Long Island suburb, this dance studio and retail shop enjoys excellent visibility and foot traffic. The area is known for its family-friendly atmosphere and close-knit community. They have an excellent reputation and have been awarded Best of Long Island for their exceptional class offerings.
In addition to dance classes, this studio offers performing arts classes as well as voice lessons, acting and musical theater instruction. Their clientele are primarily children ages 3-18, however, classes for adults are also offered.
Their retail shop is open to the public, attracting both dance students and local shoppers. The shop offers a comprehensive and affordable selection of dance wear, dance shoes, tights, gifts, and accessories. This convenient shop enhances the studio’s community presence and provides an additional revenue stream.
With their established reputation and a wide range of classes, there is significant potential for growth and expansion; opportunities to introduce new classes, workshops, and events to attract a broader audience. There is also the potential to expand the retail shop’s offerings or create an on-line store to reach a larger market.
The owners are looking forward to retirement and are seeking a passionate, dedicated buyer to continue the legacy.
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Property Features and Assets:
Store front building on a high traffic and bustling main street centrally located near schools.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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