Share This Info:  

Available: Yoga Fitness Center - San Mateo County

Save This Posting    Share This Posting    My Notes    NDA    Print    Monitor    Report    Add A New Posting

Current Status: Active     Posting #: 221279     Last Refreshed: 7/31/17     BRE License #: 01919755    
Contact: Tim Cunha At 650-600-3751  -  Also Email This Contact Below
Price:  $225,000     Down:  Call/Email     Adjusted Net:  $130,000     Revenue:  $670,000    
Attributes:  Training & Support, Owner Financing     Cooperation With Brokers?  Yes

  Email Tim Cunha Below About This Posting
Your Name:
      Your Email:
      Your Phone:
Your Questions And Message To Tim Cunha: 

For Best Results & Response, Email & Phone This Contact: Tim Cunha at 650-600-3751.

  Description About This Posting: Yoga Fitness Center
In business for over two decades, this Silicon Valley iconic yoga studio enjoys an impeccable reputation and a loyal following from among its affluent and upscale neighbors. With yoga and similar classes scheduled throughout every day, a 'state-of-the art' facility, a highly-respected world-renowned instructor training program, and professional instructors with the highest of credentials, this business is an extraordinary investment.

The owner-operator has owned this business for several years and has invested extensively in its tangible and intangible assets. The business is operated on a semi-absentee basis with a cadre of long-term staff and instructors who would definitely stay for a new owner. Several of these are on the faculty of Stanford.

The database includes many hundreds of highly-satisfied recurring customers. This includes hundreds of people affiliated with Stanford University and Stanford Medical School.

Financial Info:

2015 sales were approximately $645,000 and generated approximately $120,000 in seller's discretionary earnings ('SDE').
The owner is involved in a new medical-related start-up and decided to curtail much of the Teacher Training Program in 2016 to devote time to the new venture. Consequently, 2016 sales were approximately $591,000.
According to the performance from January through July, sales for 2017 are on track to be over $670,000, with most of the increase over 2016 being for regular repeat local customers (not Teacher Training). The owner estimates the SDE ('Seller's Discretionary Earnings') for 2017 to be well over $130,000, for a semi-absentee owner.
Detailed financial information, including P&Ls for 2013, 2014, 2015, 2016, and Q1&Q2 of 2017, will be shared with a prospective buyer upon meeting with the seller and the broker.


Facilities:
The 'main street' facility is rented at a favorable rate and the landlord is expected to welcome a new owner and to negotiate a new lease compatible with the new owner's needs; 6 years remain on the existing assumable lease. There are two fully sound-proofed studios, each of which can be used independently of the other. There is potential for additional income from rental of one of the studios, on a per-hour or per-diem basis, for dance instruction or similar activities when not needed for yoga instruction.
The current owner will be very open to negotiating a period for training and transition as necessary for the new owner.

The Transaction:
The price is $225,000 1/2 1/2
This is a discounted price (33% of anticipated sales, less than 2x SDE) in return for an expedited closing so the owner may dedicate all his attention to his new venture.

This sale will be of the entire business of the company except as described below. The sale includes all assets and equipment, supply contracts and relationships, customer contracts, database, intellectual property, name, website, domain names, etc. It does not include cash, accounts payable, accounts receivable, or security deposits; retail inventory is extra at actual cost.

Nor does the sale include the Teacher Training Program. The Buyer may choose to also take over the Teacher Training Program at no additional cost for o full-price offer. Or, optionally, the Buyer may choose not to take the Institute and enter into an agreement with the Seller lo sub-let part of the facility to Seller for Seller's continuation of the Program. This is all negotiable and subject to the absolute approval and discretion of the Seller.

For a serious buyer with a cash offer, the seller may be open to reasonable negotiation in return for an expedited transaction. Some seller financing may be available to a qualified buyer with sufficient collateral.

Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing.

To get more information about this Yoga Fitness Center business for sale in San Mateo County please phone Tim Cunha (Intermediary, Broker - BRE License #:01919755) at 650-600-3751 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #221279 on BizBen.com. In addition to phoning Tim Cunha, make sure you email Tim Cunha above to get more info about this Yoga Fitness Center, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

  Related Links And Information Regarding This Posting



  Helpful Resources To Assist In Selling And Buying California Businesses

Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.

Diane Boudreau-Tschetter: Escrow And Bulk Sale Services

California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.

Elizabeth McGovern: Escrow Services - SF Bay Area

McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.

Mark Chatow, Esq.: Legal Services For Buying, Selling Businesses

Mark has a broad range of small business purchase & sale experience from analyzing potential acquisition targets to successfully guiding buyers and sellers through the purchase & sale of small businesses. Mark can assist with contracts, negotiations, legal matters, etc. Reach Mark at 949-478-8393.

Janet Carrera - Escrow & Bulk Sale Services - SF Bay Area

Redwood Escrow Services, Inc. is a full service, licensed independent escrow company. We are EAFC Fidelity bonded, fully insured & licensed with the Department of Corporations. Committed to offering our clients the most comprehensive variety of escrow services available. Phone Janet at 510-247-0741.


  Related Articles, Events, Blog Posts, Discussions, Videos, Interviews

How Many Listings Is Too Many For One Broker To Handle? Is It 5? 10? 20?

Peter Siegel, MBA in this Vlog/Podcast discusses how many listings is too many for one business broker to handle at one time. Is it 5 is it 20? I recently had a coaching call with one of my BizBen broker clients who asked that question this week. There are many factors that go into the answer.

Is Crowd Funding A Viable Way To Raise Money To Purchase A Small Business?

We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?

Is Starting With A Higher Selling Price A Good Strategy? The Pros Debate

Is it a good idea to start with a higher sales price for your business when going to market? A San Francisco Bay Area Business Broker initiates this Discussion on BizBen with other Advisors And Intermediaries on BizBen discussing this basic strategy of selling.

Preparing Your Bay Area Business For Sale: Accounting & Financial Statements

The first thing you should start working on when selling your business is getting your financial statements in order. Having correct, easy to read, simple financial statements Is key in showing interested buyers. Craig Osterhoudt (SF Bay Area Business Broker at 650-995-2644) shares his experience.

Who Really Represents The Business Buyer In A Deal? Does Dual Agency Work?

Who really represents the buyer? The selling broker or agent through dual agency? Many brokers and agents weigh in on this Discussion on BizBen. Bottom line is all business buyers need to know who really represents them and has their best interest at heart when seeking and negotiating on deals.

Find Out Why 80% Of California Business Buyers Never Find And Buy A Business

First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, MBA BizBen Founder And Director at 866-270-6278 covers successful tactics all business buyers of small businesses should utilize.

Business Purchase Financing Help - Expert Tips For Faster SBA Loan Approvals

Business purchase financing advisor Peter Siegel, MBA shares his views on SBA loan financing. He explains the nuances of the SBA loan process when considering business purchase financing or getting pre-qualified. Reach Peter Siegel, MBA direct at 866-270-6278 regarding SBA & Non SBA Loan Financing.

Before Buying A California Business, 10 Questions You Should Ask Yourself

Before buying a business, all serious business buyers should ask themselves some key questions about possible buying a small California business, franchise, or opportunity - from Peter Siegel, MBA (Business Purchase Financing Expert, ProBuy & ProSell Program Advisor with BizBen) at 866-270-6278.

See All News, Tips And Events


Business Purchase Financing SBA Loans
Redwood Escrow Bulk Sale Services
Michael Brewer, ABC License Consultant
Chuck Post Laundromat Industry Expert





Business Purchase Financing Assistance And Loan Placement
Liquor License Brokers And Consultants
Redwood Escrow - Janet Carrera


Auto Related
Business Services
Children Related
Communication Related
Computer, Internet Related
Construction Related
Entertainment Related
Financial Services
Health, Beauty Related
Home Improvement Related
Maintenance Related
Manufacturing Related
Media, Publishing Related
Pet Related
Photography/Video Related
Real Estate Services
Restaurant, Food Related
Retail Related
Service Related
Sports Related
Transportation Related
Travel Related
Wholesale Related

Auto Body Shops
Auto Repair Shops
Bakeries
Bars, Sports Bars
Cafe Restaurants
Car Washes
Cleaning Services
Clothing, Apparel Stores
Coffee Shops
Convenience Stores
Deli Restaurants
Discount, Dollar Stores
Dry Cleaners
eCommerce Websites
Fast Food Restaurants
Florists, Flower Shops
Full Service Restaurants
Gas Stations
Gift Shops
Gyms, Fitness Facilities
Home Health Agencies
Hotels/Motels
Ice Cream Shops
Juice, Smoothie Shops
Laundromats
Liquor Stores
Markets, Marts
Nightclubs
Pizza Restaurants
Postal, Shipping Stores
Preschools, Day Care
Print Shops
Salons, Beauty Shops
Sandwich Shops
Smog Test Only Shops
Smoke Shops
Spas, Med Spas
Sushi Restaurants
Tire Shops
Towing Services
Vending Routes
Wireless, Cellular Shops
Yogurt Shops

Alameda
Alpine
Amador
Butte
Calaveras
Colusa
Contra Costa
Del Norte
El Dorado
Fresno
Glenn
Humboldt
Imperial
Inyo
Kern
Kings
Lake
Lassen
Los Angeles
Madera
Marin
Mariposa
Mendocino
Merced
Modoc
Mono
Monterey
Napa
Nevada
Orange
Placer
Plumas
Riverside
Sacramento
San Benito
San Bernardino
San Diego
San Francisco
San Joaquin
San Luis Obis
San Mateo
Santa Barbara
Santa Clara
Santa Cruz
Shasta
Sierra
Siskiyou
Solano
Sonoma
Stanislaus
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba

0 to $99,999
$100,000 to $249,999
$250,000 to $499,999
$500,000 to $999,999
$1 million to $2 million
over $2 million



BizBen - Where California Deals Get Done! 888-212-4747
7172 Regional Street #364 · Dublin, CA. 94568
BizBen · Copyright © 1994 - 2017, All Rights Reserved

                 
Sign Up Today - For Our FREE BizBen Weekly Email Newsletter
Includes The Best Info On Buying, Selling, Valuing, Financing California Businesses:
Articles, Blog Posts, Podcasts, Videos/Vlogs, Discussions, Q&A, Workshops, Webinars,
Resources. Watch For An Email Confirmation After Signing Up Above. Thank you.


Please confirm your registration by clicking the link we've sent to .

If you can't see it, please check your junk mail folder.

If you have any problems registering, or need assistance with your new BizBen User Account please phone BizBen Customer Support at 888-212-4747.



First Name:*
Last Name:*
Email Address:*
Confirm Email:*
Create Password:*
Confirm Password:*
Phone:
(   
 


You Are A:
Individual
 
Intermediary
 

Email Address:
Password:
 
Search BizBen.com

500 New & Refreshed Detailed Postings Daily
Over 2500 Resources Available On BizBen
Since 1994. Where California Deals Get Done!
BizBen Index: Weekly Results - 265 California Businesses Sold 7/24 - 7/2...
Who Really Represents The Business Buyer In A Deal? Does Dual Agency Wor...