Pilates / Aerobics / Yoga / Fitness Studio For Sale
Location Indiana,United States
Asking Price Range < $250K
Gross Revenues $50000
Net Profit / Cash Flow $5000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2007
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes, 2 weeks / flexible.
Reason for Sale Spend more time with new family.
Description nice fitness studio, 2,500 sq./ft, gleaming Exerflex Hardood Floor
Schedule classes from morning through night, from Aerobics to Zumba!
Classes can be structured and added to meet members and market demand. New owner should plan on investing in signage to capture the very high visibility interstate traffic. 125k cars/day. Studio has easy access.
95% members on automatic bank draft. Break-even at 75 members, currently at 45. The operating costs are very low. Can be very profitable with more sales effort. Very high closing rate, most that try love the classes and join. Very high member satisfaction rate. Absentee owernship. The studio is closed when classes are not running. Calls are forwarded to owners cell. The new owner could be on site to pick up more business. Or work from home, it is flexible.
$60,000 with flexible down payment/terms. It would cost more to build the studio than the asking price (typical $25/sq/ft build-out x 2.500 sq ft = $62,500 ). Owner already taken on cost of member acquistion, planning, building, etc. Email or call 1.888.674.2582 for more information on this Pilates / Aerobics / Yoga / Fitness Studio for sale.
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