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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Pilates Studio - High End Community, Fixtures

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $98000
Net Profit / Cash Flow  $48000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2011
Number of Employees  1 - 3
Inventory  1000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  As needed.
Reason for Sale  Other business interests.
Description  Quoted adjusted net-profit would be for an ACTIVE OWNER OPERATOR. The present situation is an absentee-owned situation that is not profitable on a monthly basis, coming up short b/c of all the funds being directed to the instructors facilitating the classes. Includes a database of over 400 past customers, with about 60 loyal patrons that regularly visit the studio. Spared no expense on the buildout at a cost of $30,000, renovating a former dry cleaners into a pristine studio. Has accounts with high end Yoga clothing retailer that sends corporate employees to the studio direct, an amazing 2-way relationship exists that will be transferred to the new Buyer. Spent another $30,000 on all high-end industrial strength pilates machines that will be here when the cockroaches take over. Well maintained, clean, bright, airy studio perfectly primed for a new owner-operator to take over and profit from day 1! NDA is required for due diligence package on file with the Broker and for the address to visit as a CUSTOMER ONLY! Do not disturb employees, customers, or start asking questions unannounced, site visits for discussion/meetings with Seller by appointment only. Facilities: Gorgeous, fabulous, (insert glowing adjective) turnkey studio in the heart of Orange County ideally located in a female-centric shopping plaza! Competition/Market Pros and Cons: Not too many competitors with this kind of brand new equipment and attention to detail in terms of aesthetics. A dream to take over for a new owner operator. Growth and Expansion Pros and Cons:Needs to be owner-operated. Current ownership is a pair of gals that have full time jobs that are outside the industry and they are not instructors directly. Potential to acquire surrounding tenant space to add a spin/workout/kickboxing/ancillary class, if that is a desired component of Buyer's business plan. Support/Training: As needed. Reasons for Selling: Other business interests.
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