Sport, Fitness & Adventure business for sale in Barangaroo 2000

6 days ago

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Premium Sydney CBD Yoga and Meditation Wellness Studio

Summary

MYND Studios in Barangaroo is a premium yoga, meditation and nap studio. Designed by award winning architects, the business is seeking an owner operator to help realise its full potential in 2022

Location Details

12 Shelley Street
Located on the ground floor of the AmEx building facing Sussex St

Potential

MYND Studios is a ready to open, Yoga and Meditation Studio in the heart of the Sydney CBD. The business opened in February 2021 only to close due to the pandemic and is now seeking fresh leadership for re-opening in 2022. The business benefits from a brand new $500,000 fit out, outstanding corporate relationships and is well positioned to capture the return to work trade in the Sydney CBD. The current co-founder is heading back to the UK for family reasons, prompting the kick off of this process.

Skills

Prior management of a yoga or fitness stlye business, including outsanding customer service and sales and marketing experience a positive.

Hours

The business trades Monday to Friday, with classes predominently before work hours, over lunch, and after work

Lease

6 years remaining. No renewal options, although positive relationship with Landlord

Employees

3 high performing casual employees

Reason for Sale

The co-founder is heading back to the UK for family reasons, meaning will not be able to be on site every day providing leadership and management of the facility.

About the Business

MYND is a premium yoga, meditation and nap studio in the heart of Barangaroo. The business is spread over 350sqm and comprimises a large main studio, 2 smaller boutique studios, a nap pod room, large reception and entrance space complete with feature moss wall, toilets, two change rooms and office. The entire space was designed by award winning architects Tom Mark Henry and has a state of the art soundsystem equipped throughout. The business is well positioned to capitalise on the return to work thematic, coupled with a lack of credible, boutique yoga spaces in Barangaroo and the surrounding areas. The business is fully set up and ready to trade.

History

MYND was founded in 2019, with MYND Studios in Barangaroo opening in February 2021. MYND closed in June 2021 due to the pandemic and is expecting to reopen in 2022

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