Fabulous Bikram Yoga Studio For Sale

Please e-mail me for more information. I own 2 studios and I wish to simplify my life. Westboro is a wonderful opportunity. It is a turn key operation, and I will job along with the brand-new owner to ensure a smooth transition.

A brand-new owner, coming in and teaching 10 classes a week, would certainly have actually a payroll of approx $4K per month, and would certainly have actually made close to $40K profit in 2014.

In 2013, I had a net gain of $19K in Westboro, teaching part time (I taught about 2 classes a week in 2013).

Overview
– Fabulous Bikram Yoga studio
– Located in Westboro, Massachusetts
– Population within 3 miles: 42,600
– Population within 5 miles: 95,010
– Stand-alone building on major though fare along with 4 tenants
– Abundant parking

Demographics
– Largest major employer: BNY Mellon Wealth Management
– Additional Major Employers include Integrated Genetics, Doubletree, Beaumont Rehabilitation
– On 153 Turnpike Road, Traffic Count appx. 60k Cars a Day
– Median age: 40
– Median house price of $371,640
– Median household income $96,401

Lease
– Great solid lease, landlord and facilities
– 4,400+ Sq Ft /1,500 square foot studio
– Handicap accessible entrance
– Turn-key along with no tenant improvements or capital expenditures required
– Current lease @ $7400 per month
– Rent includes heat (gas), cold water, shared dumpster, landlord does snow removal and landscaping
– Lease expires December 18th 2019.
– 10-year additional term available at end of lease

Interior Space
– Studio class capacity 49 students
– Studio along with podium and front mirrors
– Roof-top forced air gas furnace along with outdoor air exchange and thermostat
– Reznor furnace withwith thermostat and timer
– Mens & Womens changing rooms along with cubbies, copious hooks and mirrors

Contacts:
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