Pilates and fitness studio. Serves an affluent clientele. Classes include Pilates, yoga, spinning, TRX, etc. Private instruction also offered. Financial information reflects if the business were owned by a Pilates instructor. Clean and well-maintained. Please refer to listing number 0101-89972 and advisor Howard Schulman when inquiring.
Lease/Month: $4261.43, Square Footage: 1998, Building Type: Retail Strip Terms & Options: One three-year option Expiration Date: 3/31/2020
Business would benefit from an owner who also serves as an instructor; this would significantly reduce the labor expense (the financial information reflects this). If the owner were an instructor revenues could also increase by expanding the number of private instruction (classes) given. A full schedule of classes is offered in the mornings and late afternoons, but this could be expanded by adding mid-day classes, as well as afternoon classes on the weekends. Space is flexible and could be used for new styles of fitness instruction or dance classes.
Most fitness facilities in the area are large health clubs or smaller, specialized studios -- some just offer private instruction without any group classes. This studio is mid-sized which has the advantage of being able to offer many classes, yet provide a personal touch to the clients. It also has flexible space that can be used for yoga, TRX, dance, martial arts, or potential new styles of fitness instruction. The size also helps keep overhead at a manageable level. The location is in a retail strip center on an extremely busy street and in close proximity to affluent neighborhoods.
Seller will train for two weeks at no additional cost