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Pilates Studio - Beautiful Studio in San Francisco - SBA Pre-Qualified

Location: San Francisco Working Owner: 1 PT Employees: 1 PT Administrator, 8 Instructors (I.C. s) Years in Business: 5 Facilities/Rent: 2,000 sq. ft., fully equipped / $3,522/mo. Ownership Structure: LLC Seller Financing: May be available to a qualified buyer 200 Sales: $336,710 2009 Seller s Discretionary Earnings (SDE)*: $94,994 F F & E Value (approx.): $35,000 Reason for Sale: Relocating out of state The Company Make money helping people stay healthy! Avoid the start up headaches and cost and take advantage of this unique opportunity to realize your dream of owning a Pilates studio! Contrary to the general economic environment gross revenue has remained very stable. 2009 is looking as good as or better than 2008. Started in 2004 by the current owner, this business is a beautiful, 2,000-square foot studio featuring Stott Pilates equipment. It is in a high visibility location on the ground floor with plenty or parking and public transportations options nearby. The studio offers a full range of group and private classes. The instructors, all independent contractors, are very skilled and some offer unique specializations. The company customizes each class to match the students goals/needs . The only employee on staff is a part-time administrator. Skills / Licenses Required The Owner does not train clients! The Owner is primary responsible for general studio management, which includes scheduling instructors, customer service, sales and marketing, and financial management. Above all else, a new owner needs to be energetic about fitness. Some fitness experience and a sufficient personal net worth will be required to assume the current lease.

Please refer to listing ID: 2875-RC

Industry:  Personal
Industry Segment:  Other Personal Prod. and Services
Geography:  United States > California > San Francisco
Asking Price:  $100,000
Gross Revenue:  $336,710
Cash Flow:  $94,994
Value of Equipment:  $35,000 (Included in Asking Price)
Seller Financing:  May be available to a qualified buyer
Year Established:  2004
Number of Employees:  9 full time -
Reason For Selling:  Relocating out of state
Facilities:  2,000 sq. ft., fully equipped / $3,522/mo.
Name:  Russ Cowley, CBI
Email:  michelle@abi-ma.com

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