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Succesful Yoga And Wellness Studio In Revelstoke For Sale

Revelstoke, British Columbia, Canada
Asking Price:
$89,000 (CAD)
Sales Revenue:
On request
Cash Flow:
On request

If you’ve dreamed of living in Revelstoke and having your own business, this is a fantastic opportunity for you. Revelstoke is a fast-growing community that has continued to grow and evolve as a designated resort municipality. With more and more people moving to town, who have a higher disposable income and are looking for space to stay connected to the community and themselves. If you’re ready to make your own schedule, build business relationships locally and beyond, grow a brand, develop a connection to Revelstoke, while doing something you love – this industry is exciting and growing.

We’re a yoga & wellness studio, that operates daily yoga classes (30+ a week), we run drop-in yoga classes, series, workshops, retreats in Mexico & trainings. We have 3 treatment rooms, one has an RMT, Massage, Reiki, and an IFS Therapist. We also have a retail space that sells, yoga props and yoga mats, lululemon clothing, and other retail offerings.

Balu Yoga & Wellness is a successful turn-key business that’s in the heart of downtown Revelstoke, with a lease that’s been renewed until Oct 1, 2025. You can’t find leases like this in Revelstoke anymore, and I’ve already paid for all the costs of updates, renovations and maintenance within the building. The building managers have been incredibly accommodating and easy to work since we took the space in 2010.

The summer of 2022 I completed my third renovation of the space, a $10,000 improvement. Which improved circulation, lighting and overall experience within the studio. Since the studio’s inception at our current location there have been over $90,000 in renovations and leasehold improvements done. The summer of 2021 I installed a UV Air filter which kills 99% of airborne and surface CoV19 & SARS.

Property Information

Real Estate:

Lease

Location:

Revelstoke, BC. Downtown

Premises Details:

414 1st Street West

Size in square feet:
1,600

Business Operation

Expansion Potential:

Teacher Trainings should be implemented.

Competition / Market:

Another studio in the city, online classes.

Trading hours:

7 days a week, hours depending on day

Employees:
Contractor & volunteers
Years established:
2011

Other Information

Website:
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Relocatable:
This business can be relocated