This is a well-established and well-respected studio with a website and high Google listing. 4 ½ stars on Yelp. All inventory included. Buy an established studio, improve it and make it yours or maybe have it as your 2nd studio. This studio is ripe for expansion.
Price: $55,000. All Pilates inventory included.
Services: Private classes-$120, semi private-$65 and group classes-$45. Presently, there is a chiropractor and acupuncturist that shares the third space in the office.
Size: Approx. 950 sq ft with 2 exercise rooms (3rd room shared by the chiropractor and acupuncturist), front desk/office area, customer waiting area, and kitchenette. There is also a bathroom with a shower included within the office space.
Location: In the Rancho Park area of West Los Angeles in a modern 2-story office/medical building with two parking spaces for tenants, and plenty of street parking for clients. The office is on the ground floor and includes a patio/garden room.
Equipment: All Pilates equipment included: 4-Pilates reformers (2-with a tower that convert into beds), a Wanda chair, a Baby Spine Corrector, and other Pilates/exercise accessories.
Rent: Present lease available to been taken over with the chiropractor and acupuncturist with the rent at $1400 or you can start with no sub-tenants and take on a new lease with the building owner at approximately $2800. Water, electric, and janitorial all included in the rent.
Age: Business established in 2002 in the same location. A stable business for 22 years even through the early 2000’s recession and COVID shutdown.
Income: Gross of approximately $11,000+/month.
Employees: Currently 1 owner/trainer and 1 additional trainer who would like to stay on.
Hours: By appointment only. Monday-Saturday, 7AM-8PM.
Clients: Approximately 550 subscribers on the Mailchimp e-mail list included in your purchase. Currently there are 32+ clients taking one to three sessions a week.
