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Women Boutique Fitness and Pole dance Studio - Only one in EP

El Paso, TX (El Paso County)

Women Boutique Fitness and Pole dance Studio - Only one in EP
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Asking Price: $10,000

Cash Flow: N/A

Gross Revenue: $45,000

EBITDA: N/A

FF&E: $8,000

Inventory: N/A

Rent: $1,905 /Month

Established: 2011

Women Boutique Fitness and Pole dance Studio - Only one in EP

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Business Description

All women boutique fitness studio on the West side of El Paso

Boutique fitness studio for the everyday women. Targeting women with low to intermediate fitness level who want to workout and transform their life style but are not comfortable doing it at a Coed gym. The concept of building community and creating relationship through group events and group chats between members helps and motivates them to attend class with consistency, creating loyalty to the studio.
This is a great turn key opportunity with a strong operating infrastructure. Management and staff are in place operating the day to day needs of the business. So, a transition will be relatively easy and will be supported by the current owner.
Opened since 2011. Very easy to manage and a lot of fun doing it, membership based system and drop in modality also is used.

Detailed Information

Location:
El Paso, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,650
Lease Expiration:
9/30/2020
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located at the just transformed Sunland Park exit on the West Side of town, private parking area. The building is a lease of 1,650 sq.ft. with a base rent of $1,905 and contract ends om 09/2020, it is structured into small reception area, 2 restrooms and back waiting area and 3 separate rooms that can be used for any group class format and can go on simultaneously also counts with an office manager and a group of experienced and certified instructors that make the classes fun and energetic.
Competition:
In the pole fitness niche there are a few competitors that can offer the pole dance service but not a full fitness transformation that combines strength, cardio, flexibility and flow between all the classes currently offered. The studio is the only all women fitness location, and because it’s a boutique style, it becomes inviting to ladies to come and workout with a small community. it feels like having coffee with the girls!
Growth & Expansion:
Our goal is to turn all our prospects into members and create a long lasting relationship with our clients with a 6 or 12 months contract, offering them several fun and different workout classes under one roof, keeping them challenged. The membership base which is the fixed income, in the first quarter of 2019 has increased month to month in approximately 5% per month, only on prospects or walk - ins who visited us once and signed up for a long term commitment. ) The significant growth in prospects increases opportunities for a promising growth.
Support & Training:
This fitness business has delivered on a mission to provide an overall health focused high energy workout that’s instructor based and involves a blend of head to toe exercise, cardio conditioning, and resistance training. Currently is the only studio offering Pole Fitness as one of its core classes in El Paso. Also offers other classes as Zumba, HIIT and Sculpting.
Reason for Selling:
Current owner is relocating out of town
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Business Listed By:
ADRIANA CACERES

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