Pilates Studio For Sale - Brentwood, California, CA - Los Angeles County

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PROFILE: Pilates Fitness Studio

AD/LISTING INFORMATION
Status: Off The Market
State: California
Location: West LA
County: Los Angeles
City: Brentwood
Primary Category: Retail Related
Alternate Category:   None Given
  
 
 
 
 
 
 
  

FINANCIAL INFORMATION
Asking Price: $144,000
Down Payment: Neg.
Annual Revenue: $120,325
Annual Adjusted Net: $70,037
   
Price Range: $100,001-$250,000
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: No
Bkr To Bkr Cooperation: Call

DESCRIPTION: Business For Sale - Established Health And Fitness Pilate's Studio In An Upscale Neighborhood In Brentwood, West L.A. Which Helps Clients Gain Strength, And Connect Mind And Body For Optimum Life Experience. The 1100 Sq. Studio Is Very Appealing It Has Been Recently Upgrade With A Wooden Floor, Full Length Mirrors And Fresh Paint With Attention To Aesthetic Details. All Equipment Is In Excellent Condition And Looks Like New. There Are Five Part-Time Instructors Using The Studio Who Work As Independent Contractors Bringing In Their Own Clients With Income To The Owner. The Current Owner Has Been In Business For 6 Years And Teaches About 30 Hours Per Week. The Studio Has An 85% Client Retention Rate.

The Studio Is Utilized In The Mornings And Late Afternoons And Is Generally Closed In The Evenings, Saturday Afternoon And Sundays. Most Of The Classes Are Private One On One Instruction With Some Duos. Nearby Parking Is Available And The Studio Is Walking Distance From The Village. Because Of Low Turnover The Existing Business Has Grown Largely By Word Of Mouth And Walk In Business From The Web And Nearby Affluent Community. Most Of The Discretionary Income Has Been Spent On Improvements And Very Little Money Has Been Spent On Marketing.

The Current Owner Has Approximately 30 Clients Who She Works With On A Regular Basis And Is Willing To Help Transfer The Client Base Or Is Willing To Stay On As An Instructor. The Owners Client Base Often Work With The Other Instructors And Contractors And So Are Very Comfortable Working With Other Instructors In The Studio.

The Ideal New Owner Should Be Passionate About Health, Fitness And Pilate's. They May Be A New Or Experienced Instructor Looking To Expand Upon A Solid Existing Studio Rather Than Spending Years To Recreate Everything From Scratch. The Current Owner Is Willing To Train.

To Learn More, Go To www.bizex.net And Register Or Contact John Degolyer 310-882-2200 Xt 109.


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Resources

Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!

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