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CONFIDENTIAL
FOR SALE
641895
Discover an exciting opportunity to acquire a fully operational urban yoga studio located in the vibrant heart of North London. This well-established yoga club offers a unique blend of hot and non-heated yoga classes, catering to a diverse and loyal clientele. With consistent class attendance and a robust online presence, this business is perfectly positioned for continued success. The sale includes all essential assets: leasehold rights, studio fixtures and fittings, an established website along with social media profiles, a class scheduling system, and the goodwill that has been meticulously built over the years. This centrally located studio is ideal for an owner-operator or can easily be managed with a small team, making it a versatile investment.
As you consider this opportunity, you will have access to detailed financial documents, including turnover, net profit, and cash flow reports. These comprehensive records will be made available to serious, qualified buyers under a non-disclosure agreement, ensuring your investment is backed by transparent financial data.
Stepping into New Ventures
The current owner is selling the studio due to a relocation, creating a prime opportunity for a new proprietor to step in and make it their own. To facilitate a smooth transition, training will be offered to the new owner, ensuring they are well-equipped to continue the studio's legacy of excellence.
Key Advantages of the Studio
This yoga studio boasts numerous advantages, making it an appealing business venture. It has an established membership base and a strong brand reputation, ensuring customer loyalty and recognition in the community. The rental costs are affordable, especially given the prime central location, which offers excellent accessibility for clients. Facilities include clean and modern changing rooms, enhancing the overall customer experience. The studio also retains established client contracts, contributing to its stability and growth potential.
The leasehold price for the studio is set at £250,000, with a current turnover of £250,000 per annum. The annual rent is priced at £60,000, further highlighting the potential for a lucrative investment in this thriving sector.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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