Franchise Pilates Studio

Not Disclosed, GA

within Jackson Madison Barrow Clarke Oconee area


Asking Price: Annual Revenue:
$325,000 $316,242

Recreation: Gyms, Health & Fitness, Sports


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RE: Franchise Pilates Studio Broker: Jeff Merry
License #: 242824

Quick Facts

Asking Price: $325,000
Annual Revenue: $316,242
Net Profit: Not Disclosed
Cash Flow: $10,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 10
BBN Listing #: 571028642
Broker Reference #: TBH539

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Business Overview:

Asset Sale - purchase for price of New Equipment and Buildout Costs.

The “Boutique” fitness center category is the fastest growing segment of the fitness industry, controlling 65% of the total health club membership market. Pilates is the leading format in boutique fitness and consumer demand is high! The number of Pilate’s studios has doubled in the United States in the last five years. Pilates is a full-body, low impact workout that creates a strong foundation of balance, strength, mobility and flexibility. This niche market has several revenue streams that include monthly memberships, class packages, introductory and promotional offers.

The owner acquired three franchise licenses in August 2017 and opened the first location January 2019. The owner has another business and cannot give the studio the time it merits; yet, the business is making money! The studio is located in highly populated affluent area and is licensed to open two additional area locations (within Jackson, Madison, Barrow, Clarke, Oglethorpe, Oconee geographic area).

• ALL NEW EQUIPMENT
• 70% MEMBER RETENTION RATE
• STRONG RECURRING REVENUE
• REVENUE IS DRAFT CONTRACTS
• PRE-ESTABLISHED BRANDING AND MARKETING
• CLASSES SCHEDULED ONLINE OR WITH AN APP

Historical Financial Summary:
2019 Revenue January – November $316,382 Owners Discretionary Earnings $10,000

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Property Features and Assets:

The gym is operated from a stunning 2,057 square foot leased space that is freestanding and strategically located in a fast growing residential/commercial/retail affluent neighborhood with excellent demographics. The lease rate is $4,200 per month. The build-out of the real estate was specific for the Pilates studio.

Reason for Selling:

Owner has another business

Additional Details:

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

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