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- RE: Rapidly Growing Fitness Brand With Global Reach
- Contact: Mitch McGinley
Quick Facts
Asking Price: | $2,500,000 | |
Annual Revenue: | $3,429,170 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $503,858 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 60 | |
BBN Listing #: | 951073 | |
Broker Reference #: | 60224 |
Business Overview:
One of the most revered names in all of Pilates. Multiple revenue streams. Unlimited expansion potential. Seller prefers a long-term transition period. One-of-a-kind opportunity to acquire an elite brand with global reach to facilitate rapid studio expansion at scale. Flagship locations in NYC are thriving and continue to grow. Multiple licensees around NYC paying monthly licensing fees. Teacher training program has host partnerships around the world, currently 25+ locations and growing. Opportune moment to seize on the rising popularity in Pilates and make this the pre-eminent Classical Pilates brand in the world.
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Property Features and Assets:
- Total rent: $33,791
- Square feet: 3700, 2200
- Lease ends: 2025, 2028
Reason for Selling:
Focus on Teacher TrainingAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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