Murphy Business and Financial Corporation presents

Pole Dance/Aerial Dance Fitness Studio

N/A, WA | King County

Key metrics

Asking price: $150,000

*Seller Financing*

Established: 2010

Gross income: $190,381

Cash flow: $64,237

Franchise: No

EBITDA: $-1

Employees: 13 PT

Square Feet: 1,150

Home Based: No

FFE: $13,395 (included)

Inventory: $2,000 (included)

Real estate:

Relocatable: No

Business description

Profitable and fun business to own. From beginner to professional level aerial and pole dance classes designed for everyone. A comprehensive exercise program that motivates people of all ages and athletic abilities. Serving Seattle since 2013 this business has a huge following with over 4,000 in its email database. Dance programs/curriculum and teacher training are well established. Successful business model includes classes at all levels, memberships and class packages, drop-ins, workshops, performance groups, competition team, performance prep, private lessons, studio rentals and parties. There are 13 certified instructors. The Owner is not one of the teachers and works only a few hours a week in oversight. Mind Body Software used. Studio Manager in place.

Facilities description

1,150 sq ft in a mixed-use commercial building provides a safe, encouraging and fun atmosphere with all the equipment for the needs of the aerialist and gym fanatics. Located in Seattle.

Financing description

$75k down/$75k for 60 mos. @ 6%.

Competition

While there are many fitness businesses, this business has an excellent following because it offers women a fun and unique ways to get fit and stay fit. It is a highly successful business model because it serves the beginner to professional and has multiple revenue streams.

Growth

Growth! Fitness is enjoying long term popularity and people are looking for fun ways to stay fit. Pole fitness has evolved into a recognized way to maintain health, strength, balance and self. The trend is smaller boutique facilities like this one that provide a much higher level of service.

Support

Will train for 4 weeks @ $0 cost.

Reason for selling

Owner moving out of state.

Keywords

aerial dance, pole dance, king county, seattle

disclaimer

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Contact Judy Elrod


Judy Elrod

Listed by

Judy Elrod,

Murphy Business and Financial Corporation

206-209-2266

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Frequently Asked Questions

Important terms

  • Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
  • EBITDA – Earning Before Interest Taxes Depreciation and Amortization. This financial term is generally only used with multi-million- dollar businesses.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • Cash Flow – Cash Flow is often also called Sellers Discretionary Earnings or Owners Benefit. All debts on a business are normally paid off at closing. Cash flow is the total of net profit, owner’s salary, depreciation, amortization, interest, perks and non-recurring expenses.
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