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Cook County, Illinois
Established Yoga Franchise | Growth Opportunity |
Asking Price
$125,000
Revenue
Call/Email
Down
Call/Email
Cash Flow
Call/Email
Name: Rich Fabian
Name
Rich Fabian
Description
An exciting opportunity is available to acquire an established Yoga studio that is currently operating at approximately break-even. The current owner has owned and operated the studio for approximately 1½ years, following a previous owner who operated the business for approximately five years. The reason for the sale is the seller wants to spend more time with the family.
The studio benefits from the recognition, systems, curriculum, marketing resources, and operational support of the franchise brand, providing a new owner with a proven platform from which to build. The existing studio is fully operational, with the physical infrastructure, equipment, memberships, instructors, and systems already in place.
Per the FDD (Franchise Disclosure Document), the total initial investment necessary to begin operation of a single studio is $529,233 to $826,265, which includes $113,650 to $171,550 that must be paid to franchisor or its affiliates. A potential buyer must have $250,000 in liquidity and $500,000 in net worth and remain subject to franchisor approval.
The previous owner experienced ongoing losses during their five-year ownership period. The current owner has worked to stabilize the operation and bring the business to approximately break-even, creating an opportunity for a new owner to build upon that progress and focus on revenue growth and improved profitability.
Significant Upside Potential
The opportunity is particularly attractive for an owner-operator who is prepared to become more involved in the day-to-day business and aggressively pursue membership growth, retention, private sessions, workshops, community outreach, corporate wellness programs, and local marketing initiatives.
A motivated owner could potentially improve performance through:
Increasing membership sales and improving member retention
Developing a more aggressive local marketing and lead-generation program
Increasing class utilization and optimizing the class schedule
Expanding workshops, events, and specialty programs
Building relationships with local businesses and employers
Strengthening referral and community marketing programs
Improving conversion of introductory offers into recurring memberships
Controlling operating expenses and optimizing staffing
Taking a more hands-on approach to sales and studio management
Ideal Buyer
This business may be particularly well suited for an owner-operator, experienced fitness professional, yoga enthusiast, or entrepreneur looking for an established studio rather than starting a fitness business from scratch. It may also appeal to an existing fitness or wellness operator seeking to add an established location and recognized national franchise brand to their portfolio.
The Opportunity
Rather than building a yoga studio from the ground up, a buyer can acquire an existing location with an established customer base, trained instructors, operating systems, and a recognizable brand and focus their efforts on improving sales, member retention, utilization, and profitability.
The franchisee has done a good job of putting the pieces in place to turn around the business on a path to profitability and growth. Again, it's a tremendous opportunity to acquire a well-known franchise brand location at a fraction of the price to open one that includes teachers, customers, and goodwill in the market.
The seller is motivated and will provide appropriate transition assistance to help facilitate a smooth ownership change. Qualified buyers will receive additional financial and operational information upon execution of a confidentiality agreement.
https://tworld.com/locations/Illinois/lagrange/listings/Established-Yoga-Franchise-Growth-Opportunity-
The studio benefits from the recognition, systems, curriculum, marketing resources, and operational support of the franchise brand, providing a new owner with a proven platform from which to build. The existing studio is fully operational, with the physical infrastructure, equipment, memberships, instructors, and systems already in place.
Per the FDD (Franchise Disclosure Document), the total initial investment necessary to begin operation of a single studio is $529,233 to $826,265, which includes $113,650 to $171,550 that must be paid to franchisor or its affiliates. A potential buyer must have $250,000 in liquidity and $500,000 in net worth and remain subject to franchisor approval.
The previous owner experienced ongoing losses during their five-year ownership period. The current owner has worked to stabilize the operation and bring the business to approximately break-even, creating an opportunity for a new owner to build upon that progress and focus on revenue growth and improved profitability.
Significant Upside Potential
The opportunity is particularly attractive for an owner-operator who is prepared to become more involved in the day-to-day business and aggressively pursue membership growth, retention, private sessions, workshops, community outreach, corporate wellness programs, and local marketing initiatives.
A motivated owner could potentially improve performance through:
Increasing membership sales and improving member retention
Developing a more aggressive local marketing and lead-generation program
Increasing class utilization and optimizing the class schedule
Expanding workshops, events, and specialty programs
Building relationships with local businesses and employers
Strengthening referral and community marketing programs
Improving conversion of introductory offers into recurring memberships
Controlling operating expenses and optimizing staffing
Taking a more hands-on approach to sales and studio management
Ideal Buyer
This business may be particularly well suited for an owner-operator, experienced fitness professional, yoga enthusiast, or entrepreneur looking for an established studio rather than starting a fitness business from scratch. It may also appeal to an existing fitness or wellness operator seeking to add an established location and recognized national franchise brand to their portfolio.
The Opportunity
Rather than building a yoga studio from the ground up, a buyer can acquire an existing location with an established customer base, trained instructors, operating systems, and a recognizable brand and focus their efforts on improving sales, member retention, utilization, and profitability.
The franchisee has done a good job of putting the pieces in place to turn around the business on a path to profitability and growth. Again, it's a tremendous opportunity to acquire a well-known franchise brand location at a fraction of the price to open one that includes teachers, customers, and goodwill in the market.
The seller is motivated and will provide appropriate transition assistance to help facilitate a smooth ownership change. Qualified buyers will receive additional financial and operational information upon execution of a confidentiality agreement.
https://tworld.com/locations/Illinois/lagrange/listings/Established-Yoga-Franchise-Growth-Opportunity-
To get more information about this Established Yoga Franchise | Growth Opportunity | business for sale in Cook County County, Illinois please contact Rich Fabian at rfabian@tworld.com
Business Details
Reason for sale:
Spend time with family
Lease & Tenant Information
Lease Options:
N/A
Other Information
Listing Number:
041621-232923
Inventory:
$9,000
Posting Information
Posting ID:
ID tw:91827 / Listing Number 041621-232923
Business Category:
Fitness
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Established Yoga Franchise | Growth Opportunity |
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*91827
Full Name (Required)
Email (Required)
Phone (Required)
NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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