Pilates Fitness Center - Southern NH

Not Disclosed, NH
Rockingham County

Southern NH


Asking Price: Annual Revenue:
$120,000 $103,395

Recreation: Gyms, Health & Fitness, Sports


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RE: Pilates Fitness Center - Southern NH Broker: John Coto
Owner Financing is Available!
Seller will finance some of the selling price to a qualified buyer.

Quick Facts

Asking Price: $120,000
Annual Revenue: $103,395
Net Profit: Not Disclosed
Cash Flow: $75,534
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: New Hampshire
Year Established: 2015
Employees: Not Disclosed
BBN Listing #: 252919624
Broker Reference #: ABB427

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Business Overview:

This business is a Pilates exercise center which opened in March 2015 by the current owner. Only 25 hours per week. For the past four years, the business has experience steady sales and earnings growth. Yet there is tremendous growth opportunity since there is room to add many more classes to the approximately 25 classes per week. Each class is about 50 minutes long. Most of the classes are led by sub-contractors. The Seller’s Discretionary Earnings includes the savings that a new owner would realize by eliminating the subcontractor expense (39,617) if the new owner would work at least 30 hours per week. Great location, easy for members to visit. Rent is less than $1,000 per month, keeps the fixed overhead expenses low. The business receives 90-95% of its monthly revenues from recurring membership fees thereby ensuring a steady, dependable income stream. Membership tracking and class scheduling is done through a popular, web-based software that is widely used in the fitness industry. This makes it convenient for members and the sub-contract instructors. The software supplier provides ongoing support to the owner as needed. This is a well-established but growing fitness business with regular, loyal customers offered at a fair market price and transition support. For more information, please contact John Coto, Certified Business Intermediary at Alliance Business Brokers, LLC by email or call 603-880-8200. Attention Business Owners: We have buyers looking for businesses to buy and not enough listings! If you are considering a possible sale or would just like to learn more about the process, please call me for an initial, confidential discussion.

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Property Features and Assets:

The business leases approximately 1,054 square feet with off street parking. Current Term through March 5, 2021. It is believed that the Landlord will offer multi-year lease extension to a new owner.

Market Competition and Expansion:

Popular Pilates center growing with minimal advertising and promotion. May be achieved by (1) expanding the number of classes; (2) through increase advertising and promotion of the business.

Reason for Selling:

Retirement

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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