Contact: Darrin Davenport At 866-802-0508 - Also Email This Contact Below
Asking Price: $325,000 Down Payment: $32,500
Annual SDC: $125,000
Annual Gross: $535,000
Attributes: Broker-Broker Coop, Financial Assistance, Training & Support
This dance company, for sale in El Dorado County, CA has an extremely well-organized calendar and client invoicing systems, excellent books and financial statements to show clear discretionary earnings with solid year over year improved revenues and corresponding earnings. The facilities have a friendly and welcoming atmosphere and are well-outfitted with professional grade sprung floor system and maple barres. An excellent training program is offered for new hire employees, Work Experience Program and Teacher Training (WEXP). The dance company has 60 dancers and multiple sub dance companies. These companies have performed in New York City, Los Angeles, Chicago, Hawaii, China and Tokyo.
There are 2 locations. One is approximately 3,600 sq. ft. with 4 dance rooms and currently in the 3rd year of a 5-year option with an additional 5-year option available. The 2nd location is approximately 1,500 sq. ft. with 2 dance rooms and currently negotiating a 5-year lease option renewal (expires July 2022). Both locations are ADA compliant and have unisex bathrooms, separate lockable changing rooms, ample parking, and a drive through loop for convenient drop off for children.
Inventory is not included in the asking price. The furniture, fixtures and equipment is already included in the asking price. This business has been reviewed by an SBA lender and a letter has been issued with terms proposed. Please see Financial Addendum to review the letter(s).
For further information please submit an inquiry through this Web-site. You will be required to complete a Non-Disclosure Agreement prior to receiving any additional information. Financial information is only provided after the initial phone interview with the Business Broker assigned to this listing. Images on this Web-site are stock images and not actual images of the business. Broker, broker's agents and broker-associates, employees and all other affiliates of Broker have not verified any of the information provided here. By submitting your inquiry through this Web-site you are granting Broker permission to add you to Broker's email subscription list.
To get more information about this Professional Dance Company - 2 Locations business for sale in
El Dorado County please phone Darrin Davenport (Intermediary, Agent - BRE License #:02116564) at 866-802-0508 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267526 on BizBen.com. In addition to phoning
Darrin Davenport, make sure you email Darrin Davenport above to get more info about this
Professional Dance Company - 2 Locations, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 01224602. Common Ground Business Brokers.