Friday, March 9, 2012

Studio Update

Greetings, Dancing Lotus Family! I wanted you all to be the first to hear the update on our quest to open the Dancing Lotus Fitness Studio. Most of you know that we had a specific building in mind to purchase. We have been working very hard to raise enough money and work with financial institutions to find a way to get a loan together so that we could make an offer on the building. This week, through your donations, some creative financing, pooling every penny, and the incredible support of a local credit union, we were able to submit an offer. Unfortunately, we hadn't raised the money in time, and we found out yesterday that we had lost the building to a higher cash offer.

We are certainly disappointed about this development, but it will not slow our mission to find a home for the Dancing Lotus Family. We are going to be renewing our search for a possible purchase or rental and moving full steam ahead with finding that new space.

In the meantime, we will continue to work to raise money towards opening the studio so that when another opportunity arises, we'll be in a better position to move forward. Even if we find a space to rent there will still be considerable cost including installing floors and all of the basics to get the studio up and running. Our offer on the building this week would not have been possible without the donations we have received through the IndieGoGo campaign. We are very excited that we have been able to raise nearly $1,100 in the first three weeks, and we're confident that we'll be able to continue to raise funds so that as soon as we find the right space, we can move on it and get Dancing Lotus situated in it's new home! As you all know, this is about more than a business venture, it is about creating a home for all of us to take care of ourselves--mind and body. It's a place for wellness to sink roots in the community and grow.

I want to thank everyone who has been so supportive in so many ways throughout this journey. I feel very blessed that we were able to take a position to even get a foot in the door before that particular route closed. This is just a bump in the road. The Dancing Lotus Fitness Studio will be open before we know it! Thank you!

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