MergerPlace

Well-Known & Popular Pilates Studio

Virginia


  • Asking Price: Not Disclosed
  • Gross Income: $749,547
  • Cash Flow: $69,123
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $115,030
  • Listing ID: #200135
  • Established: 2008
  • Employees: 20

Business Description

Great opportunity to own an established and well-known pilates and personal training studio with three Northern Virginia locations. The studios are all located in popular and growing markets within major commercials and residential centers. The business was founded in 2008 and offers instruction in a variety of disciplines including: private and duet apparatus sessions, group reformer, group mat, barre, TRX, and Corealign classes. The business has seen substantial year over year expansion which is a testament to their innovative classes, friendly and knowledgeable instructors, bright and inviting studios, prime locations, and results for their members!

Pilates and related fitness classes are very popular and this business has done an exceptional job curating their offerings to cater to the varying needs of their clientele. The business has emerged as one of the leaders in the DC Metro area’s personal training industry. They employ a team of educated and certified trainers that know how to challenge and motivate members in a safe and encouraging environment. They offer a variety of membership packages, including an unlimited class option to appeal to a wide demographic of potential clients.

This business has an excellent reputation and many positive reviews on popular platforms like Google, Yelp, Facebook and more. The current ownership has done an excellent job setting this business up for success, so a new owner will be able to grow and expand the operation. One member of the current partnership is retiring, so they are dissolving the partnership and putting the business on the market. If you are a personal trainer or in the health and fitness field this is an excellent opportunity to have your own business without the startup headaches!


Business Details

Primary Business Category: Retail Trade - Health & Personal Care
Location: Virginia

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 20

Financial Information

Gross Revenue: $749,547
Cash Flow: $69,123
FF&E: $115,030
Seller Financing Available: No

Property Information

Facilities:

The clean and spacious facilities offer the perfect environment for group and private sessions. The three studios are fully equipped with the latest equipment and amenities that maximizes member time by eliminating common “big gym” distractions or waiting for equipment. Location 1 - Established 2008 1870 sq ft leased for $11,675/mo Location 2 - Established 2013 3600 sq ft leased for $12,532/mo Location 3 - Established 2016 2012 sq ft leased for $6,974/mo

Growth & expansion opportunities:

The current owner has done a great job setting the business up for continued success. The first location was founded in 2008 and the second and third studios were opened in neighboring markets in subsequent years. All three locations are in prime locations in popular and growing parts of Northern Virginia with significant drive-by and foot traffic. An active marketing and advertising campaign and hiring/recruiting other trainers to grow the customer base would certainly be worth implementing by a new owner.

Competition:

There are other gyms and fitness centers in the market, but this business has carved out a niche by specializing in pilates and related fitness classes. They offer a wide variety of classes at different times throughout the week and a number of different compelling membership categories.

Reason for selling:

Dissolving partnership due to retirement of one partner.

Support & Training:

Seller will provide necessary training and support.

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC