Reduced Established High-End Boutique Pacific Palisades Pilates Studio

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Highly sought after location, Pacific Palisades Pilates studio.
Asking Price:

Gross Revenue:
Cash Flow:
(Seller's Discretionary Earnings)

 Not Disclosed
included in asking price

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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:
Number of Employees:
Real Estate:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
Lease Expiration:
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/
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.
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About the Sale

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

Listing Info

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