Absentee Pilates Studio - NW Houston

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$199,000 $206,144

Recreation: Gyms, Health & Fitness, Sports


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RE: Absentee Pilates Studio - NW Houston Broker: Bobbi Coffey
Owner Financing is Available!
100000.00

Quick Facts

Asking Price: $199,000
Annual Revenue: $206,144
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $65,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 4
BBN Listing #: 893344107
Broker Reference #: 76931-414817

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Business Overview:

REDUCED FOR QUICK SALE! Located in NE of Houston, this studio offers multiple stations in a calming atmosphere utilizing the full line of Balance Buddy equipment. Currently in it's third year, membership is steady. Six P/T employees run this business for this absentee operated studio.Owner can be more active in the business and teach classes and bring total earnings potential to over six figures. Beautiful location and great lease. Lease has three year option. Owner consistently invests in adding equipment as new options become available.

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Property Features and Assets:

Very nicely built out, business includes $40k spend in built out. Rent amount is gross. Expansion opportunity in same cernter if new owner desires.

Market Competition and Expansion:

Has very stable membership, but has mostly been word of mouth since original advertising. More class times, expansion into available space next door to current location and focus on more individual training could being even more membership to this successful studio.

Reason for Selling:

Moving

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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