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Los Angeles

  • Listing No.: 130-20473

  • Category: Leisure/Entertainment

Asking Price $395,000
Down Payment
Gross Revenue $841,094
Total Adjusted Net Income $279,135
Equipment / Fixtures $20,000
Year Established 2016
General Location Los Angeles
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Health, wellness, mindfulness! Online virtual meditation studio that has subscription revenue and a scalable digital platform that can run anywhere! Offering both live and on-demand virtual courses, workshops, and certifications & training in health, wellness, mindfulness, spirituality, the metaphysical and more! This is an exciting opportunity for a buyer passionate about the wellness industry and helping others live to their full potential. The business is run completely remotely and can be operated anywhere. Staffed with trained, qualified, and dedicated practitioners and teachers of multiple modalities, and trained operational staff, the business is well-established, organized, and innovative. This unique business has a robust digital technology platform, a large subscription base, strong brand awareness, and is poised for growth. In 2020 the business quickly adapted from in person classes to a virtual platform, thus expanding its reach and significantly decreasing overhead. The business also has an exquisitely appointed physical studio in a trendy and busy Los Angeles neighborhood. This is a high growth industry, with more and more people engaging in mind-body wellness and self-care! Inquire Now! Call or Email: ddube@fcbb.com

Gross Revenue $841,094 Listed Price $395,000
Total Income $279,135 Down Payment
Base Rent $9,000 Square Feet 2000
Total Rent $10,500 Lease Expiration 12/2021
Rent Deposit $21,000 Lease Options 1 & 5
Inventory $30,000 Leasehold Improvements $363,000
Equipment / Fixtures $20,000 Other Assets Digital Platform
Full-Time Employees 1 Training Period Thirty (30) days
Part-Time Employees 27 Special License Required
Contract Staff 13 Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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