Pilates / Gyrotonic
Location Colorado,United States
Asking Price Range < $250K
Gross Revenues $205000
Net Profit / Cash Flow $55000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2001
Number of Employees 1 - 3
Inventory 30000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Relocation.
Description Well established, fully equipped, successful Pilates and Gyrotonic Studio in Longmont Colorado. Established (2001)-7th year, prime location, and boosts a loyal and wonderful clientele of approximately 200 active members.
Support, Training, and Technology: Owner agrees to be present for 30 day or more transition period to assist in client continuity. Highly accomplished and dedicated instructors are excited and available to continue after the sale. Use industry recognized studio management software system by WellWorks.
Equipment: Fully outfitted for both group mat and group reformer classes:
One Cadillac, 4 Peak Pilates Total Workout Systems, 1 Peak Pilates Cadillac Convertible, 1 Movement Science Reformer, 2 Wunda Chairs, 1 Combo High low/chair, 3 Wall Units, 3 Ladder barrels, 1 Gyrotonic Tower and Handle Unit, 1 hump Barrel, 6 semi-barrels, and additional equipment, computer systems and office furnishings. Total value of equipment and furnishings approximately: $30,000.
Studio Space: Gorgeous 1,585 sq ft of useable space with custom fixtures, furniture and build-out, 25 ft ceiling, central air and heat, large windows, lots of mirrors, three additional rooms for on-site massage, Chiropractic, and other therapies. Located within vibrant retail area, and building owner has agreed to renew lease at same terms/price to qualified buyer.
Marketing: Complete and fully operational company web-site. Monthly eNewsletter sent to over 400 members. Seven years of extensive advertising in regional periodicals and publications. Great reputation established within the Boulder/Longmont medical, sports, and recreational community.
Financial Information: 2006 Annual Sales Revenue: $205,000. Revenue increases have occurred each consecutive year in business. Positive Discretionary Cash Flow $55,000. Seeking the right buyer Asking Price: $95,000.
Email or call Adam Lussier at 303.881.3968 for more information on this Pilates / Gyrotonic business for sale.
Click Here To Contact Seller
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