Profitable Pilate's Gym For Sale

Las Vegas, NV
Clark County

Asking Price: Annual Revenue:
$11,500 $136,386

Recreation: Gyms, Health & Fitness, Sports

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RE: Profitable Pilate's Gym For Sale Broker: Trent Lee
License #: S.0183611.LLC
Owner Financing is Available!
$50,000 down payment with the remaining balance to be paid over 36 months at 6%

Quick Facts

Asking Price: $11,500
Annual Revenue: $136,386
Net Profit: $65,345
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 88665142
Broker Reference #: 101-16016

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Business Overview:

RECURRING REVENUE: This is a unique type of Pilate's and the only place in town (they have exclusivity with the manufacturer) for this type of Pilate's machine. The Machines are each $10,000 a piece and they have 8 of them in great condition. Members pay per class but most pay a monthly, recurring membership fee giving you stable recurring revenue. The ideal buyer is someone who can step in and be an instructor with the 4 other 1099/contracted instructors who get paid per class that they complete. Sellers are moving out of state to take care of aging parents and have prepared the business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978)

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Property Features and Assets:

This is a leased location of 1,250 square feet with a Total Monthly Rent of $2,340. Seller is active in the business with 4 Independent Contractors. Hours of operation are based on class schedule. $500 Inventory; $80,000 FF&E; $25,000 Leasehold Improvements

Reason for Selling:

Moving out of state to take care of sick parents

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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