Dance Studio

Dance Studio



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For sale is a profitable Dance Studio located in Contra Costa County. The business specials in dance classes teaching Ballet, Jazz, Tap and others to children as young as 2 years to young adults. The premise lease offers approximately 3,500 sq.ft. for a base Rent $3,100/m. Current Lease expires in 2024 with 2 x 5 years options. The leased space is broken down into several dance studios (for classes), a private office, lobby, and entrance hallway-plus a large storage room and two ADA Restrooms. Hours vary each day depending on classes. Some of the fixtures and equipment included in the sale include portable and wall mounted  barres, set of cubbies,  several rolls of carpet mats, cameras and DVR’s for close circuit monitors, lockers, hula hoops, toddler parachutes and balance beam, office supplies and mini fridge…. and more. Presently there are six instructors including the working owner plus a front desk person.

Business has been SBA approved but only for $100,000 and that is not taking into consideration the Covid-19. #3963

Business Information Financial Information
Ownership Type:  Corporation
Year Established: 2014
Year Purchased: 2014
Business Type: Dance Studio
License(s) Required: business
Hours of Operation: 3.30-8.30
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3963
Date Available: 7/20/2020
Reason For Sale: Other Interest.
Annual Total Revenue: 240000
Annual Net Income:
Monthly Payroll: 6000/m
Lease Information
Base Rent: 3100/m
Lease Expires: 2 x 5 years option
Lease Option: 2024
Financing Information
Down Payment: 130000
Owner Will Carry:
Other Finance Terms: SBA approve of $100,000

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