Profitable Boutique Pilates Studio at 1.5X profits

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Asking Price:
$79,500

Gross Revenue:
$130,000
Cash Flow:
$53,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$30,000
included in asking price

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Business Description

Founded in 2016, this fast-growing Pilates Studio is in an upscale community of Collin County with a lot of room to expand. Studio offers private pilates instruction and group reformer and chair classes. With small group classes, clients benefit from one-on-one attention without the distraction of big groups. Quality equipment and most qualified and certified part-time instructors. Studio offers 5-6 classes a day, with an opportunity to add more classes and privates during the day and weekends. Highly rated across all social media platforms, and has a well established loyal client base already set up on auto-pays. NDA required for more information. The current owner teaches some classes at the studio and takes a $30K annual salary. A new owner who works at the studio would see annual profits over $53K.

About the Business

Location:
Collin County, Texas
Year Established:
2016
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$18.00 Per Month
Lease Expiration:
11/30/2019
Facilities:
Includes all Pilates equipment, accessories and office supplies needed to operate the business.
Market Outlook/
Competition:
Located in a high income area with demographics to support Pilates and fitness. Nearby franchises offer a very different type of training and are not considered direct competitors with a distance of 15 minutes or more.
Growth & Expansion:
Excellent growth potential. Great opportunity for Pilates teacher or fitness enthusiast to take over established business and make it their own. Studio has not used social media marketing to its full capacity and has been growing on mostly word-of-mouth.
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About the Sale

Reason For Selling:
Seller is starting a family.
Training/Support:
Seller will offer 2 weeks of training as needed by buyer.

Listing Info

ID:
1582138
Ad Detail Views:
0

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Business Listed by

Sami Habash

V³ Lending

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