Turnkey Pilates Studio
San Mateo County, CA
| Asking Price: | $420,000 |
| Gross Revenue: | $166,143 |
| FF&E: | $19,046 |
| Cash Flow: | $140,825 |
| Rent: | $2,500/Month |
| Established Year: | 2003 |
Listing ID: 2285497Listing provided by BizBuySell
BUSINESS DESCRIPTION
With Dedicated Clientele
For Sale! A highly profitable pilates studio on the peninsula in the San Francisco Bay Area. This 600sf studio is located in a bustling historic downtown shopping district with heavy foot traffic and walk-in customers. The studio is fully equipped with three reformer machines, combo chair, trapeze table, ladder barrel, and many other training tools. Seller is willing to stay on as an instructor for an extended period to ensure a smooth transition. For more detailed information, please contact listing broker Kenji Gjovig.
DETAILED INFORMATION
Location
San Mateo County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
600
Lease Expiration
31/12/2024
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location of 600 square feet with a Total monthly rent of $2,500. Lease ends 12/2024. Seller is active. Hours of operation are 6am - 8pm; 7am - 4pm M - F; Sa. $19,046 in FF&E included in the asking price.
Financing
Seller Carry for 25% of purchase price at 6.0% over 3 years.
Support & Training
This is a leased location of 600 square feet with a Total monthly rent of $2,500. Lease ends 12/2024. Seller is active. Hours of operation are 6am - 8pm; 7am - 4pm M - F; Sa. $19,046 in FF&E included in the asking price.
Reason for Selling
Semi-retirement transition out of business ownership to focus on teaching only
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