Turnkey Pilates Studio

Boone County, MO

Turnkey Pilates Studio
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Asking Price: $85,000

Cash Flow: $52,456

Gross Revenue: $73,978

EBITDA: N/A

FF&E: $35,000

Inventory: N/A

Established: N/A

Turnkey Pilates Studio

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Business Description

Currently Profitable and Only Part-time!

This Pilates studio has a clean, edgy, decidedly urban vibe! The space has been professionally designed to utilize space efficiently, while maintaining a light, open, airy ambiance. All equipment is newer, matching and has been meticulously maintained. While private client sessions are offered, the studio specializes in ever-changing group reformer classes featuring state-of-the-art Allegro Reformers (including Towers, Jumpboards and Arc options from Balanced Body—plus, a variety of core-challenging props). Currently, one instructor runs classes on a part-time basis, during the morning and early afternoon hours only, filling classes nearly always to capacity. However, the studio is underutilized. The current class schedule could be easily expanded with additional prime-time classes at 4:30, 5:30 and/or 6:30 p.m. or additional morning classes on the 2 days a week the instructor does not work. Moreover, there is nearly limitless opportunity to increase recurring private clientele—which has not been previously sought. Class and private session expansion would significantly boost income, with little or no additional overhead.

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
• All equipment is newer, matching and in perfect condition. • 70% of clientele have been with this studio for 3+ years. • #1 Google ranking in the area • Significant opportunity for growth with little or no additional overhead. • Software with complete history for each client since business inception.
Competition:
No one else in the area offers the large group format reformer classes like this studio.
Growth & Expansion:
• With two current clients training to be certified instructors, a new owner could add additional classes without working more than part-time themselves. • Current class schedule is only three days a week and done by 2:00 - Expand into the 4:30, 5:30, 6:30 hours that are in high demand.
Support & Training:
4 weeks
Reason for Selling:
moving
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Laura Ruether

Business Listed By:
Laura Ruether

Transworld Business Advisors of Central Missouri

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