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Pilates Studio - Profitable & Absentee!

Ventura County, CA

Pilates Studio
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Asking Price: $350,000

Cash Flow: $175,000

Gross Revenue: $559,000

EBITDA: $125,000

FF&E: $70,000

Inventory: $7,600

Established: 2017

Pilates Studio - Profitable & Absentee!

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Business Description

Very successful pilates studio in a growing and desirable community in Southern California (Ventura County). With nearly $559,000 in gross sales and $175,000 in seller's discretionary cash flow, you can own this established and very successful pilates studio! Nearly all the reformers and exercise equipment are new and included in the asking price.

The revenue is recurring or repeating revenue. Since the seller currently has a working manager in the business, the business generates absentee income of nearly $125,000/yr.

The seller wishes to move out of state and retire. This is a highly confidential matter. No information will be provided without a signed confidentiality agreement and profile form. For more information, please email bob@seapointadvisors.com for the NDA and profile forms.

Detailed Information

Location:
Ventura County, CA
Inventory:
Included in asking price
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,600 SF studio. The lease end date is through 2026 with an additional 5-year option.
Support & Training:
Owner will reasonably train and assist the buyer
Reason for Selling:
Owner is moving out of state and retiring
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Seapoint Business Advisors

Business Listed By:
Bob Grewal

Seapoint Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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