SOLD -Top Yoga Studio in High Growth Area – Adelaide , , ,
  • Post Updated: 2022-07-12 15:08:25
  • Status:
  • Type:
  • Location: Adelaide
  • Business ID: BS149553

Category: , , ,
$ 69,500
$69,500 WIWO 

Description

5-Star Google Reviews – Excellent Street Frontage – Growing Customer Base 

This is your opportunity to Live Your Dream, running a vibrant and well-established Yoga Studio in Adelaide’s eastern suburb of Highgate – just 6 km from the CBD. 

No need to spend years establishing yourself and building up a customer base! It’s all done, so you can hit the ground running and make money from Day 1. 

Currently only run part-time by the owner, there’s also huge potential to grow this business, given Highgate’s rapid growth. 

Whilst COVID, lockdowns and restrictions affected the business, it not only recovered but thrived in the post-COVID recovery phase. 

  • Established 9 years ago, the business has seen continuous growth in sales, clientele, and teachers 
  • Prime location with excellent street frontage, situated in a vibrant shopping district with ample free parking 
  • Outstanding reputation and 5-Star ratings on Google 
  • Most clients are on memberships with auto-renewing monthly direct debit  
  • Well set-up business protocols, membership system, website, software, accounting, marketing 
  • Premises 90.78 sqm air-conditioned studio with 3 entrance/exits, kitchen, toilet/change, disabled access, and 3 allocated car parking spots 
  • Yoga classes range from Level 1 to Level 3 and include Restorative Yoga, Yin Yoga, dynamic Vinyasa, and Flow classes 
  • 5 independent contracted long-term yoga teachers 
  • Fully set up with highly visible outside signage and lighting, A-frame, and banner 
  • Excellent long-term relationship with landlord 
  • Owner offering mentoring in finance, marketing, workshops, and courses 

Currently, only 37% of studio time is being used, so there is plenty of opportunity for growth through expansion of the class schedule, addition of virtual classes, partnering with other wellness providers and addition of teacher training courses. 

Price: $69,500 WIWO 

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State

  • State: South Australia