Business Description
This is a first-class Pilates studio located in Minneapolis. The current owner established the business in 2021. The studio offers Pilates to all fitness levels, with private sessions, and group classes, making it accessible to people of all ages, and physical abilities. The studio has space to teach group classes to six people on six reformers, as well as a separate room to teach private sessions with one reformer. There are a total of 7 reformers in the studio and six Wunda chairs. The business shows well with a welcoming environment and has an excellent reputation. Hours of studio vary; they are open 7 days a week. The business enjoys “good word of mouth” advertising
Business Details
ASKING PRICE: $275,000
REASON FOR SALE: Travel
GROSS SALES: $292,221
CASH FLOW: $120,000
FACILITY:
The square footage of the studio is 1,400, the rent is $3,000 a month. The lease expires in September of 2026. A buyer should not have any issue extending the lease.
EMPLOYEES: 5 Contractors
