West, VIC

HOT YOGA STUDIO - WESTERN SUBURBS - $89K

**CALLING ALL WEST-SIDE YOGIS!**

Bright and Spacious Hot Yoga studio located in Melbourne's growing west. Featuring a large studio, state of the art infared heating, hardwood floors, full change rooms and stylish reception/waiting area.

This is a superb opportunity to hit the ground running in an established and highly regarded yoga studio, with minimal competition in the surrounding area.

SNAPSHOT
- Established 3 years
- Asking Price: $89,000
- Experienced and popular teachers
- Mindbody operating system
- Open 7 days per week

LEASE
- Commenced 28 September 2014 for a five (5) year term
- One (1) further term of five (5) years
- Current Rental $46,742 per annum (+GST)
- Annual increases of 4%,, market review at the end of each term.
- Floor area: approx 144 sq/m

STRENGTHS/ BENEFITS
- Excellent main road location, great access.
- Superb fit out, light and spacious
- Secure lease, good lease terms and costs
- Loyal students and experienced teachers.
- Perfect for a first time buyer or experienced operator looking to expand. No additional expenditure required

The current owner has invested significant capital to create a calm, inviting and beautiful yoga studio. The owner is now keen to move on and has listed the business at an asking price which is considerably less than the initial investment.


Contact Lisa Horne of Boyd Ryan Business Sales & Consultants on 0422 860 790 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Please quote reference BR1277

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