Last Revised: 10/24/19. Posting #: 10249152
Key Words: fitness, gym, fitness boutique, boutique fitness studio, fitness studio, union
Financial Info: Offered at $64K. Revenue (2018): $234,913, SDE (2018): $39,077. Excellent opportunity for growth. All equipment is included in the asking price. Facility: 4,000 sq. ft. Rent: $4,300/month.
FFE: $30,000 included.
Profile: This is an excellent opportunity to acquire an established fitness studio in a great downtown location. The 4,000 square foot facility includes: two fitness class studios, a personal training room, four massage rooms, restrooms, lockers and reception area. There is room to expand the service offering. All equipment is included in the asking price.
This studio offers a wide range of fitness and therapy services including: Barre, Yoga, Pilates, Massage, Fitness and Exercises classes and Personal Training. Wellness programs offer workshops for Meditation, Nutrition. Classes are offered in group, semi-private and private formats.
This business is fully staffed with eighteen experienced and certified instructors and therapists that work as 1099 contractors. The full-time working owner manages the day to day operations as well as teaches certain classes and personal training sessions. The owner is passionate about the fitness and wellness industry and would like to stay on board and continue to guide her clients after the sale. This will allow for a smooth transition while retaining the invaluable knowledge and expertise of the owner.
Revenue (2018): $234,913
SDE (2018): $39,077
Employees: 4 part-time Front Desk, Contractors: 18 part-time Therapists/Instructors (1099), 1 full-time Owner
Facility: 4,000 sq. ft.
FFE: $30,000 included
Professional Resources & Contacts To Help You Close Your Deal!
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