Thriving Barre Franchise in an Affluent Location

Listing number: 60211

Location: San Mateo County

Year established: 2021


Tremendous opportunity to take over a turnkey, thriving boutique barre studio that has the support of a franchise team,  located in an affluent town. The studio is two years old and is growing quickly! Community and staff morale are thriving, and the studio was built with gorgeous, high-end materials.


The owner currently works 5-15 hours per week 100% absentee and has established detailed processes so that the  business runs smoothly without her being present. The business can be owned entirely absentee/passively by transferring  the owner's duties to the manager or existing staff.


Everything in the studio, including equipment, fixtures, and devices is in excellent condition and is included in the sale.  Trainers and other staff are expected to continue after the sale.


***This studio is backed by female-owned brand. Owner is looking for a female buyer.***


Asking price: $299,000

Adjusted net income: $84,874

Revenu: $459,909

 

Lease information

  • Total rent: $9,386 
  • Sqft: 2080
  • Lease ends: 9/2026

Asset information

  • Inventory: N/A
  • Equipment/Fixtures: $50,000

Additional information

  • Employees: 19
  • Training: 2 weeks
  • Reason for selling: Relocation


Mitch McGinley

For more information or to inquire about this business contact Mitch McGinley

 

 

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