03 Jul Successful Dance Studio and Retail Shop
Price: $199,000
Location: NY, United States
Industry: Education / Instruction Related, Dance & Performing Arts Instruction
Listing ID: 1431
**SELLER FINANCING AVAILABLE**
This acquisition presents a unique opportunity to take over a thriving dance studio with loyal clientele and a well- established reputation in the community. The combination of high-quality
dance instruction and a fully-stocked retail shop makes this business a valuable and versatile investment.
Situated on a bustling main street in a charming Long Island suburb, this dance studio and retail shop enjoys excellent visibility and foot traffic. The area is known for its family-friendly
atmosphere and close-knit community. They have an excellent reputation and have been awarded Best of Long Island for their exceptional class offerings.
In addition to dance classes, this studio offers performing arts classes as well as voice lessons, acting and musical theater instruction. Their clientele are primarily children ages 3-18, however, classes for adults are also offered.
Their retail shop is open to the public, attracting both dance students and local shoppers. The shop offers a comprehensive and affordable selection of dance wear, dance shoes, tights, gifts, and accessories. This convenient shop enhances the studio’s community presence and provides an additional revenue stream.
With their established reputation and a wide range of classes, there is significant potential for growth and expansion; opportunities to introduce new classes, workshops, and events to attract a broader audience. There is also the potential to expand the retail shop’s offerings or create an on-line store to reach a larger market.
The owners are looking forward to retirement and are seeking a passionate, dedicated buyer to continue the legacy.
2024 Revenue: $540,213
Listing Details
Revenue: $514,788
Cash Flow: $30,683
(Included in Price) (Included in Price)Seller Financing: Available
Form of Ownership:
Husband and Wife
Reason For Sale:
Retirement
Training & Support:
Owner willing to stay on to train for a short negotiated period of time.
Operation
Year Established: 2008
Days & Hours of Operation: Monday - Saturday
Owner Hours Per Week: 40
Employees: 6
Location
Type of Location: Storefront on Main Street
Square Footage: 3500
Relocatable?: Yes
Facilities Information:
Relocatable but not advisable, well known in the area.
Building consists of 3 dance instruction rooms, welcoming foyer waiting area, retail shop and office area.
Anthony Citrolo
anthony@thenybbgorup.com
631-390-9650 xt. 100
Address:
The NYBB Group
25 Melville Park Road
Suite 82
Melville, NY 11747