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Dancing to Dollars

Rockland County , New York

Asking Price: Gross: Cash Flow:
$90,000 $100,000 $58,010

Furniture and Fixtures Value:
$15,000 (included in the asking price)

Business Summary:
Opened May 2013- This is a multi-disciplinary dance studio instructing in different style of dance. Building is 2 stories with ballrooms. Now, only street level is used- 2nd floor furnished and available. This new business is fast-growing- located in a great area with windows at street level maximized exposure to new clientele. Marketing was obtained by using online tools such as paper tools. This business now has strong presence in the entire area. The layout of business was implemented from start to achieve success in a short period of time. Customers and business still showing sign of rapid growth. Owner takes salary of 20k giving positive cash flow of $58,000.

 
   
   
Year Business was Established: 2
   
Number of Employees: 2  
   
Facilities / Terms of Lease: 2,200 sq ft with 2 ballrooms within a well setup 2 story building with basement. Everything is cosmetically new and well-maintained. Lease is great. Any options and their lengths are easily obtained. Street metered parking with free parking one block distant.  
   
Potential Growth/Expansion: Business is growing and 2nd floor available to handle any growth.  
   
Competition: No real competition at this level.  
   
Owner willing to finance: Owner would accept financing of &50,000 – terms negotiable  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Owner own second business and it is growing too fast for help to handle  
 

 

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