Profile: Dance Academy With Retail Boutique In Los Angeles. 710 & 60 Frwy.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$99,000 |
| Down Payment: |
$20,000 |
| Annual Revenue: |
$150,000 |
| Annual Adjusted Net: |
$75,000 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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5000 Square Foot Dance Studio With A 4000 Square Foot Maple Wood Floor, Gorgeous Glass-Enclosed Boutique/Retail Store/Office, 2 Restrooms, Change Room, Shower, Kitchenette, Plus 2000 Square Foot Outdoor Patio For Sale.
Located Close To 710 Frwy, 60 Frwy 10 Frwy And 5 Frwy Exits.
Free Lit Parking Lots Across The Street And Beside The Studio, Two Entrances, 2nd Floor Privacy, 16 Foot Vault Ceilings, 20 Ceiling Fans, 12 Windows Ans Two Glass Doors Accessing Outdoor Patio.
In Business For Two Years And Have Built Up A Regular Student Base Of More Than 800 Active Students And 2000 Students In Database.
This Studio Is Used As A Venue For Rentals Of Corporate Events And Meetings, Daytime Rehearsals, Film-Shoots And Private Lessons During The Daytime, And Group Lessons, Parties, Dance Events And Film Shoot Most Evenings.
The Growth Potential Is Just Starting With A Recent Abundance Of Advertising To Businesses And Agencies.
The Student Base Is Primarily Interested In Latin Dancing And We Gear To The Latin Community As The Majority Of Our Clients Are Hispanic.
We Have Become Known As The Gorgeous Oasis In The Heart Of Los Angeles As The Friendly Warm Atmosphere Of Our Elegant Venue Captures Everyones Attention Upon Entering Our Expansive, Lovely Space.
Serious Buyers Please Read Before Calling - I'm Including A Lot Of Information:
Dance Studio For 200,000. This Business Is Located In A Nice Residential Neighborhood And Is Well Liked By The Community. Seller Just Acquired It 2 Year Ago And Is Unable To Continue Managing It Or Build The Dance Business Because Of Family Health Issues.
A Lot Of Regular Customers Because Of Warm Atmosphere, Good Instruction, Cleanliness And Safe Location. This Is New Dance Studio/Boutique But Has A Steady And Nice Cash Flow Because Of The Cheap Rent And Regular Customer Base. Marketing, Adding More Corporate Events During The Daytime Hours Can Definitely Increase The Revenue.
Average Monthly Gross: 12,000.00
Average Monthly Net: 6,500.00
Current "Fixed" Monthly Expenses:
2500 Rent
130+/- Utilities
110 Insurance
120 Telephone & Internet
40 Garbage
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2900: Total Fixed Monthly Expenses
Here Is What Is Being Offered:
Low Rent Lease In Place, But You Can Obtain Your Own Long Term Cheap Lease: You Can Go In A Re-Negotiate A New Lease Directly With Landlord Who Is Very Flexible.
Furniture, Fixtures & Equipment Included:
4000 Square Foot Hardwood Floor
12' X 20' Glass Enclosed Office/Boutique
Computer And High-Tech Dance Studio Software
Stereo System
Speakers
Ceiling Fans
Ballet Bar
8’ Rolling Mirrors
6 Surveillance Cameras
New Alarm System
Benches
Other Seating
Large Ottoman
Glass L-Shaped Desk
Glass Display Cabinets
Wall Shelving In Office
File Cabinets
Bulletin Boards/Posters
Conference Tables
.Much More.
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