Listing Number: 76931-635307
SBA PRE-APPROVED!!!! Additional details to be provided after the completion of an NDA.
Established in 2008, this profitable Pilates studio provides both contemporary and classical Pilates instruction to The Woodlands and surrounding area. The business has an established and loyal clientele, excellent reviews, and a full team of eight certified instructors on staff. The studio offers both smaller and larger class sizes in a variety of formats, and due to high demand, requires reservations for all classes in advance. The owners are both BASI comprehensively certified and primarily focus on private instruction at the studio.
Per the owner’s financials, total revenue from 2019-2021 has averaged $335K per year with a 2021 SDE of $129K. The business did not see a decrease in earnings for YE2020. Lease terms are favorable with three years left on the current term. The listing price includes FF&E valued at $45,000 and leasehold improvements valued at $40,000.
- Price: $ 325,000
- Down Payment: $325,000
- Sellers Discretionary Earnings: $ 129,547
- Total Sales: $ 341,665
- Location: Montgomery County, Texas
- Inventory: $ 0
- FF&E: $ 45,000
- Employees: 8
- Year Established: 2008
- Reason for Selling: New Opportunity
- Category: Fitness