Seller's Contact Information
- RE: Hot Yoga Franchise Resale - Recurring Revenue
- Contact: Mahdad (Matt) Manavi
Business Overview:
Boutique Fitness with General Manager & Lead Teacher Onboard – Semi AbsenteeThis boutique fitness studio has a full staff including a General Manager (GM) to run the daily operations of the business and grow revenue as well as a Lead Yoga Teacher to scout, recruit, and mentor yoga teachers and optimize the class schedule.
Between 80% to 85% of the revenue is recurring and subscription-based. The remaining 15% to 20% is generated through retail, private yoga, workshops, and class packages. The number of studio members and total revenue have been growing year over year. The Monthly Recurring Revenue (MRR) has been averaging between $30,000 to $40,000 in 2022 and continues to grow. The business generated gross revenue of over $417,000 in 2022 - a 23% growth from 2021.
The business showed a net profit of about $19,000 in 2022. Hence, considering the salary of the GM, in an owner-operated situation, the SDE may be estimated at about $64,000. Furthermore, the monthly revenue in November and December was $8K each despite having a general manager on board.
The interior of the studio is designed for a full sensory yoga experience with a padded floor, dimming lights, a state-of-the-art audio system, and a heating system specifically designed for hot yoga. The franchisor is well known and has been actively promoting its brand.
This business provides a unique opportunity for entrepreneurs who have been dreaming of managing their own boutique fitness business with a proven model and growing revenue; other Yoga or Pilates studio owners wanting to expand; and investors who are willing to infuse a little more capital to help the business create a generous passive ROI.
To learn more about this business, please contact Matt Manavi at 714-923-1222 or email at mmanavi@tworld.com.
Reason for Selling:
burn out, other opportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
Listing Update!
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