Description

Turn-Key, Absentee Ran Franchised Pilates Studio.

This facility features state-of-the-art equipment, including top-quality reformers, springboards, dumbbells and much more. Classes range from beginner to intense workouts and classes run seven days a week. This Pilates Studio was started in 2015 and since then has been steadily growing. The business has recently become profitable and is ready for a new owner to take this one studio to the multi-studio level and cover the Las Vegas territory. The Franchisor offers a lot of support to help assist in revenue growth and the studio also offers training classes for teachers and generates a percentage of revenue from offering the teaching courses as well as regular classes.

This is a leased location of 1,220 square feet and a Total Rent of $1,650. Lease ends 1/2019 with One 5 year option. Seller is active in the business with 7PT employees. Hours of operation are 8am-8pm M-Thu, 8am-6pm Fri and 8am-12pm Sat-Sun. $1,000 in Inventory and $80,000 in FF&E included in Asking Price.

Posted Sep 8, 2016

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