NYC's Finest Ballroom And Latin Dance Business
www.GlobalBX.com
Listing ID:
700110270
Listing Title:
NYC's Finest Ballroom And Latin Dance Business
Quick Link:
http://www.globalbx.com/listing.asp?bId=110270
Industry:
Entertainment and Leisure
Industry Segment:
Other Entertainment and Leisure
Country:
United States
State / Province:
New York
Area
New York City Area
City:
Manhattan
Asking Price Range:
< $250K
Gross Revenues:
$285,163
Cash Flow:
$25,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2008
Number of Employees:
6 - 9
Business Description:
Full service dance business for sale, specializing in Ballroom and Latin dance. 4,000 square feet. Established in 1994, this business relocated nearby in May of 2008. The business rents floor time for independent instructors, has scheduled dance classes taught by staff teachers, and holds dance parties. The studio was built from scratch. Students train for competitions, or for the love of dancing. Highly regarded name in the dance community. NOT an Arthur Murray or Fred Aistaire franchise.
Facilities: One year old dance studio. 4,000 square feet located in midtown Manhattan. Very nicely done. 10 years left on the lease which has a good guy clause. Rent increases 3% per year. Premium floating hardwood floor.
Competition: 14 year old business with a following. Business recently relocated nearby.
Growth and Expansion: Owner operate this business and it will grow. Reach out to instructors.
Support/Training: As negotiated
Reason Selling: Owners have a similar business in Westchester
Year Established: 1994
Employees: 6
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