Semi-Absentee Pilates Studio - NW Houston

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SBA Eligible! Senni-Absentee! Easy to Run! Growing Revenues Each Month!!! MONEY
Asking Price:
$280,000

Gross Revenue:
$257,505
Cash Flow:
$141,213
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$65,000
included in asking price

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Business Description

SELLER RELOCATING OVERSEAS! WON'T LAST LONG! Located in NW Houston, this studio offers multiple stations in a calming atmosphere utilizing the full line of Balance Buddy equipment. Currently in it's third year, membership is steady. Owner currently teaches minimal classes with the assistance of 4 additional PT employees, and could easily be absentee operated as well as owner operated. Great earnings. Pending SBA pre-approval. Lease has three year option. Recently added more training equipment.

About the Business

Location:
Harris County, Texas
Year Established:
2016
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$1,700.00 Per Month
Facilities:
Very nicely built out, business includes $40k spend in built out. Rent amount is gross. Expansion opportunity in same center if new owner desires.
Growth & Expansion:
Has very stable membership, but has mostly been word of mouth since original advertising. More class times, expansion into available space next door to current location and focus on more individual training could being even more membership to this successful studio.
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About the Sale

Reason For Selling:
moving
Training/Support:
2 weeks
Seller Financing:
130000.00

Listing Info

ID:
1606844
Ad Detail Views:
0

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Business Listed by

Bobbi Coffey

Transworld Business Advisors

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors


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