Established Yoga Business for Sale with Lease Option - Lakeside, AZ (Navajo County)

Description

Turn-key Space for Yoga or Movement related business Open Spaces Yoga Center (OSYC) has been a community magnet for 22+ years in this location, for those drawn to yoga and meditation training and allied spiritual practices. OSYC is unique in eastern Arizona for Yoga Therapeutics classes, workshops and private sessions, populated with residents, remote learners (on Zoom) and those for whom yoga is prescribed by the local medical community. Our yoga studio’s frontage on Hwy 260 provides exceptional promotional exposure, complimented by a thriving complex of specialty shops, health & beauty shops, and popular family-owned anchor restaurant. Easy access to ad abundant parking make for a busy and vibrant center. Established in 2003 and in continuous operation ever since, OSYC studio hosts 1500+ sq. ft. of pristine laminate flooring, expansive window views, a 14” high ceiling and two separate studio spaces, an office, bath room and changing room. The efficient heating/cooling system handles both summer highs and winter lows. The Ponderosa Village Plaza resident landlords are uncommonly user-friendly and have been amenable to addressing tenant concerns and requests. Moderate temperatures, pristine forests and lakes, well-maintained hiking trails, a popular ski resort and a variety of restaurant options make the White Mountains Region of NE Arizona a magnet for long-time residents, second-home owners and vacationers, alike. Population growth is expected to continue exponentially well into the future, enriching the region with the young and visionary pioneers who help make a community abuzz with possibility and financial opportunity. Location: Lakeside, AZ Real Estate: Leased Building SF: 1,502 Lease Expiration: 1/1/2026 Employees: 1 Facilities: Completely renovated space; 1 large (approx. 1,000 sq. ft) open studio space, 14’ ceilings, six windows 5’x7”; 2nd smaller studio equipped with 11 yoga ropes set-ups; changing room and bathroom; office space. Located on the main thoroughfare thru the towns. Ample parking in well-kept shopping plaza. Yoga props & storage cabinets included in sale. Option to take over lease with option for renewal of lease at year’s end. Competition: OSYC, is located in the heart of a growing tourist and 2nd home region, has been open in this location for 22+ years. There is one other small yoga studio in a gym a few miles away, offering alternative yoga styles. Growth & Expansion: Transitioning to a more comprehensive Movement Studio including yoga, yoga therapeutics, physical therapy, pilates, Tai Chi, etc. would enhance the marketability of the business in this community. Offering Yoga teacher training, workshops and special/cultural events (e.g, crystal singing bowls, Reiki, music that supports spiritual growth, etc.) helps the bottom line. Financing: Financing up for discussion. Downpayment required. Valuation on request. Support & Training: Orientation to studio, contacts’ list, and promotional avenues is available. Lauren Barnert-Hosie, CIYT, is available to teach yoga and /or offer yoga therapeutics. Ken Hosie, MA, certified in Transition Energies, is available for teaching meditation. Other current teachers (Independent Contractors) may be available to transition to a new ownership. Reason for Selling: Owners retiring from business management.

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Lauren Barnert-Hosie

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