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Pilates Studio For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $210645
Net Profit / Cash Flow $60000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 1 - 3
Inventory $45000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Family matters.
Description Pilates studio for sale in Los Angeles is an established business in a prime location. January saw revenues of over $22,000 which is a strong showing for a generally weak month. This business is definitely on a growth track. The business has been established for ten years and has a strong local following. All the instructors work as 1099 independent contractors and the only employee is the individual who runs the front desk. The business is housed in a beautifully appointed space and there is an opportunity to acquire the adjacent space if someone wanted to expand the business or offer additional services. Location is ideal as it is situated on a major high traffic road near other destination shopping. There is plenty of parking as well. There have been recent upgrades regarding the exterior and company web presence and advertising direction. Ownership is constantly looking to improve the business and knows that this is the best way to attract the right buyer. The owner has an opportunity to further her professional education and needs to sell to take advantage of this opportunity.
The ideal buyer would be someone in the wellness field industry. This could be a Pilates instructor or chiropractor, acupuncturist, message therapist, etc. Any professional person will be impressed with the business as the books and records are well kept and it's possible the business may even qualify for an SBA loan with the right buyer. If you would like additional information please contact Kendric Foultz directly at 310-968-2369.
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