Business For Sale

Highly profitable Pilates Studio in Upscale Comm.

Not Disclosed, TX
Tarrant County


Asking Price: Annual Revenue:
$295,000 $354,000

Recreation: Gyms, Health & Fitness, Sports


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RE: Highly profitable Pilates Studio in Upscale Comm. Broker: Linda Broom
Owner Financing is Available!
$100,000.00

Quick Facts

Asking Price: $295,000
Annual Revenue: $354,000
Net Profit: Not Disclosed
Cash Flow: $154,192
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 10
BBN Listing #: 203252115
Broker Reference #: 69071-534163

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Business Overview:

Highly Profitable and growing Pilates Studio in upscale community of Tarrant County. Top quality equipment and they have selected and maintained only the most qualified teachers in the area.
The last three years have seen a tremendous growth of Pilates in the area, with several new studios opening within a 5 mile radius. This has served to increase awareness, and has contributed to the growth of this Studio. This allows for great stability plus growth in the market for the new owner.
The Studio enjoys an excellent location with high traffic visibility, easy parking and a 10 year tenure. The rent continues to be far lower than surrounding commercial retail space.

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Property Features and Assets:

The studio opened in 2009. It was run by a manager and absentee owner. From 2009 to 2015 when new owner bought the studio, the owner had no part in daily operations. New owners bought it in 2015. The original studio space was 650 square feet since then it has expanded twice into two additional suites in the same building, renovating the space each time. From 2009 to 2015, this Pilates Studio was the only Pilates studio in the area, and one of the only studios nearby. Most teachers in the area have worked here at some point. They have selected and maintained only the most qualified teachers.

Market Competition and Expansion:

Nearby franchises offer a very different type of service and are not considered direct competitors All other pilates/fitness studio business listed are under 3 years old, making this studio the most established studio in the area. Additionally, revenue growth of this studio has only gone up in a saturated yet growing client base market. There is plenty of space to add instructors and continue current growth trends. The studio also receives referrals from local chiropractors, doctors, and Texas Spine Team. This is because pilates is well known for creating core strength and flexibility. There is one treatment room with the potential for a second (currently used as an office); massage therapy can be added as an added stream of revenue. Buyer can also focus on growth of Evening and weekend classes and appointments where there is substantial room for growth.

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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