Dance Studio for Sale in Puebla, Mexico
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 100 - 200 thousand |
Run Rate Sales | USD 225 thousand |
EBITDA Margin | 40 % |
Industries | Dance Studios |
Locations | Puebla |
Local Time | 2:07 PM Europe / Zurich |
Listed By | Business Owner / Director |
Status | Moderately Active |
- The franchise was bought for CHF 10,000. This was a one-time fee along with no future renewals. We pay the franchisor 6 percent of the gross revenue every quarter as royalty. This is the only royalty payment. The ownership of the franchise along with the same royalty arrangement will be transferred to the potential buyer.
- Dance teachers are outsourced and we pay them a certain fee for every hour they teach at our studio.
- Every student who enrolls with us for dance classes pays us a monthly fee. This is the only source of revenue for the company. There are 3 classes a week with each class lasting 1 hour. The fee varies as the type of dance forms change.
- Currently, we have over 100 students enrolled with us who are paying us a monthly fee. The goal to EOY is 350 students. We have trained over 500 students since inception.
- The business is located in Mexico, however, the owner has relocated to Switzerland and is currently residing there.
- Ballet.
- Hip-hop.
- Jazz.
- Open dance.
- Ballroom.
- Contemporary.
- Tap dance.
- Company owned facility.
- Complete interior fittings for the dance studio such as special flooring and large mirrors.
- Air conditioners, CCTV cameras and furniture.