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Browse 74 Dance, Pilates and Yoga Studios currently available for sale on BizBuySell today to find the opportunity that's right for you!
If you’re interested in finding a dance studio for sale, consider this: there are literally hundreds of different types of dance options from Acharuli to Zydeco, and the majority require specialty training.
Hip-Hop Dance Studio & Rental Venue. Orlando, FL. This renowned hip hop dance studio offers an array of captivating classes and rental activities, creating a dynamic space for creativity and expression. Their... $299,900
View 3 Dance Studios For Sale at DealStream.com. Search DealStream for Dance Studios for sale as well as other industries and categories.
- How Do I Buy A Dance Studio?
- Step One: Understand The Timeline of Buying and Selling A Dance Studio
- 3 Things Buyers Should Do One Year Prior to Purchasing A Dance Studio
- 5 Things Dance Studio Owners Should Do One Year Before Selling
Purchasing any small business starts with intense planning, research and dedication. But if it’s truly something you want to see through, there’s no reason that you can’t see your goal succeed. That’s why we’ve teamed up with Jackrabbit Danceclients, Angie Henley and Hayley Justice of Legacy Dance Centerto get a few pointers on the best way to navi...
From writing a business plan to securing financing through a bank, a potential buyer must consider taking certain steps before purchasing a dance studio. It’s no surprise that these steps take time, so make sure you have a firm understanding of how long each step will take before you reach out to any particular buyer.
1. Seek advice for starting a small business
If purchasing a dance studio is your first step into the world of small business ownership, both Angie and Hayley recommend obtaining advice from the U.S. Small Business Administration. Never heard of them? The SBA offers free counseling and low-cost training to entrepreneurs, as well as an array of financing options for small business owners. We’ll talk more about financing later, though. After some time well spent discussing your goals and financial situation with your caseworker, you’ll be...
2. Obtain a small business loan
Whether you’re obtaining a small business loan, plan to finance through personal savings or finance through the existing studio owner, securing the funds to purchase a dance studio can take anywhere from a few months to almost a year to line up. To obtain a small business loan for the purchase of a dance studio, you must first become pre-approved by a lender. This step is easier for some than others. And each potential studio owner’s experience will be as unique as their own personal dance st...
3. Save for a down payment
Just like buying a house, a down payment is required for a small business loan. Generally, banks require a 20 percent down payment at the time of close. Don’t let that cost sneak up on you, as saving for a down payment takes time and discipline. If 20 percent is not an option for you financially, don’t run (or chassé) for the hills. Do some research on what alternative options you may have. For example, if you finance through the Small Business Association, you may only be required to put 10...
1. Write your succession plan
As the head of your dance studio, how do you want the new owner to succeed you? Do you want to stay on staff at the new studio in a teaching or advising capacity for a year or two before you completely step away from the studio? Or do you want a clean break after the purchase is complete? These are all questions you must ask yourself as an owner prior to meeting with potential buyers. If you’re selling your dance studio to someone within your organization, start giving that individual more re...
2. Make improvements to your studio
Let’s face it, fixer uppers are best when handled by professionals like Chip and Joanna. You’ll be hard pressed to find potential new owners who want to come in and drop a pretty penny on renovating your dance studio. That’s why routine maintenance and basic improvements are so important to the value of your business. If your ballet studio needs new marley floors, purchase and install quality products that will attract buyers. The same goes with your sound system, barres and props, to name a...
3. Get your finances in line
As a business owner, you should always have you finances in order. Being prepared with at least three years of financial information will allow you to quickly and accurately disclose information such as your studio’s profit and loss statements and tuition and billing structure, to name a few. At the end of the day, your studio is a business and the person (or people) buying it need to know it’s strong and robust. [CTA: Want to see how Jackrabbit Dance can help streamline reporting systems for...
The Dance Complex has 7 studio spaces (6 available to rent) for workshops, master classes, private lessons, auditions, photo/video shoots, performances, rehearsals, and more. Our suggested studio capacities range from 12 to 24 people, depending on size of the space:
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