Pilates Studio - 16 years old, boutique-style, great starter

Fort Lauderdale, FL (Broward County)

Studio (without reformer)
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Asking Price: $36,000

Cash Flow: $30,000

Gross Revenue: $36,000

EBITDA: $30,000

FF&E: $25,000

Inventory: N/A

Rent: $400 /Month

Established: 2003

Pilates Studio - 16 years old, boutique-style, great starter

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Business Description

Currently this studio offers only private sessions and is great for someone who is either looking to expand from a stable foundation or looking to maintain a non-stressful business that is also financially stable and supportive. Customers are well established and financed, as well as committed. Currently the business has about 25 private customers for the Pilates reformer.

Studio is located in a great location at a major intersection in pleasant surroundings, is clean and well maintained as is the one reformer. Rent is VERY reasonable.

Detailed Information

Location:
Fort Lauderdale, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
3/31/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One large room of about 1000 square feet, one restroom, one small kitchen.
Competition:
There are a few studios around, however, they all do classes and do not offer private sessions.
Growth & Expansion:
There is plenty of room to grow for anyone looking to expand to adding equipment or doing small group Yoga, Mat Pilates, or any other type of fitness.
Support & Training:
Owner will train and continue to support during transition.
Reason for Selling:
Been training for 20 years and looking to retire from field.
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Business Listed By:
Larisa Doherty

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