Business For Sale

Business Overview:

Profitable fitness company, with $1.8 million in annual sales, high margins, premium brand, and a leadership position in the fast-growing Pilates industry. The company operates three spa-like Pilates studios in upscale neighborhoods. By providing a high-end fitness experience and quality service, the company has attracted an affluent client base with the financial resources to maintain their one-on-one fitness programs. Company management has developed efficient, well documented systems and procedures. A team of experienced managers and employees provide personalized, friendly customer service designed to build and maintain loyal customer relationships. The company employs over 30 fully-trained and certified full and part-time Pilates instructors. Each studio has a professional manager and receptionist. With a corporate background, the company’s founder brings a professional approach to the company’s management systems and operations.

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Property Features and Assets:

The studios are located in affluent neighborhoods featuring a dense mix of luxury residential and high-end retail real estate. Each studio features a serene setting, premium amenities, and top-of-the-line Pilates equipment and props.

Market Competition and Expansion:

Despite the economy, the Pilates and yoga industry grew at an annual rate of 9.5% between 2006 and 2011. Growth is expected to continue at five percent per year, resulting in an $8.3 billion industry by 2016. The industry is dominated by single studios, with the highest concentration of locations on the East and West coasts. The company has developed a strong footprint, premium brand, and positive reputation in this fragmented and rapidly expanding market.

Reason for Selling:

Change of career

Additional Details:

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