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Asking Price:	$144,000 USD USA Dollars
Business for Sale Industry:	Recreation: Sports, Exercise, Gyms
Reason for Selling:	Pursue other interests
Year Established:	2002
# of Employees:	4 Contractors
Yearly Revenues:	$120,325
Yearly Cash Flow:	$70,037

Business for Sale Overview:

Business For Sale - Established health and fitness Pilate's Studio in an upscale neighborhood in Brentwood, West L.A. which helps clients gain strength, and connect mind and body for optimum life experience. The 1100 sq. studio is very appealing it has been recently upgrade with a wooden floor, full length mirrors and fresh paint with attention to aesthetic details. All equipment is in excellent condition and looks like new. There are five part-time instructors using the studio who work as independent contractors bringing in their own clients with income to the owner. The current owner has been in business for 6 years and teaches about 30 hours per week. The Studio has an 85% client retention rate. The studio is utilized in the mornings and late afternoons and is generally closed in the evenings, Saturday afternoon and Sundays. Most of the classes are private one on one instruction with some Duos. Nearby parking is available and the studio is walking distance from the village. Because of low turnover the existing business has grown largely by word of mouth and walk in business from the web and nearby affluent community. Most of the discretionary income has been spent on improvements and very little money has been spent on marketing. The current owner has approximately 30 clients who she works with on a regular basis and is willing to help transfer the client base or is willing to stay on as an instructor. The owners client base often work with the other instructors and contractors and so are very comfortable working with other instructors in the studio. The ideal new owner should be passionate about health, fitness and Pilate's. They may be a new or experienced instructor looking to expand upon a solid existing studio rather than spending years to recreate everything from scratch. The current owner is willing to train. To learn more, go to www.BizEx.net and register or contact John DeGolyer 310-882-2200 xt 109.

Property Features and Assets:

The studio is currently under a 3 year lease, with a two year option to renew. The owner has a very good relationship with the landlord. The business owner has made substantial physical improvements to the studio to make it fresh clean and appealing.

Market Competition and Expansion:

The current owner has done very little marketing, relying mostly on word of mouth to expand the client base. A small effort in marketing, coupled with the existing structure could rapidly bring the studio into full utilization and greatly increase profits. The existing studio has a nice wooden floor, fresh paint, and attention to details so it is very appealing to new customers. The owner now has a web site, which could be expanded to help with marketing, scheduling, and help with expansion and class offerings. Pilates is one of the fastest growing forms of exercise in the world. The Sporting Goods Manufacturers Association reports that the number of Americans alone participating in Pilates has grown from $1.7 million in 2000 to $10.5 million in 2004, an enormous increase of over 500%." Best Body Magazine, September 2005.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.