Reduced Established High-End Boutique Pacific Palisades Pilates Studio

Contact Seller
Highly sought after location, Pacific Palisades Pilates studio.
Asking Price:
$155,000

Gross Revenue:
$211,720
Cash Flow:
$54,796
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$500
included in asking price

FF&E:
$43,365
included in asking price

Share this business:

Business Description

This highly successful and profitable studio was established over 15 years ago and is located in a prime area. The studio is air conditioned, updated, and offers free validated parking for clients and has two owner parking spaced included in lease. It features approx 1,250 sq ft comprising of a private sessions room, reception area and a huge open airy, room with 9 Balanced Body Reformers, boxes, jump boards, straps, bands, balls, weights, Wunda chair, Cadillac, ladder barrel, and everything needed to allow for multiple trainers on the floor at the same time. All studio Pilates equipment and reception area furniture is included in the sale as well as the social media platform. The studio is well integrated in the local community and has great yelp ratings.

About the Business

Year Established:
1997
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
1,250
Lease Rate/Sq. Ft./Mo.:
$4,810.97
Lease Expiration:
7/1/2019
Facilities:
Underground parking is provided. This is a leased location of 1,250 sq.ft. with a base rent of $4,810.97 Lease ends 07/19. There are 5 Independent Contractors on site.
$500 in inventory ( toesox) and $43,365 in FF&E included in Asking Price. $50,000 made in Leasehold Improvements. Business License and Resale License Required.
New lease amount when contract ends has been established. no worries about lease doubling with new shopping center across the street.
Market Outlook/
Competition:
A brand new Curuso shopping center with specialty restaurants and boutiques has brought much much more traffic to the Palisades. Definitely a very trendy and sought after location.
Growth & Expansion:
This is a perfect opportunity for a Pilates instructor to walk in and start teaching while collecting money immediately. The studio is in motion with proven success.
Contact the Seller

About the Sale

Reason For Selling:
Medical injury
Training/Support:
We will offer 2 weeks of support and training
Seller Financing:
Financing available

Listing Info

ID:
1406826
Ad Detail Views:
410

Attached Files Attachment Disclaimer

  NDA (32 KB)
Download



Contact the Seller
Please confirm you're not a robot
Contact the Seller
U.S. Census Data for Los Angeles County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Los Angeles County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;