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PILATES STUDIO - BAYSIDE $90k

Business for Sale
Elwood VIC

**PILATES STAR BAYSIDE** Brilliantly located, well established, bright and spacious pilates studio and allied health practice for sale in a fabulous Bayside location. SNAPSHOT - Established 9+ yea

Price $90,000

PILATES STUDIO - BAYSIDE $90k

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
**PILATES STAR BAYSIDE**

Brilliantly located, well established, bright and spacious pilates studio and allied health practice for sale in a fabulous Bayside location.

SNAPSHOT
- Established 9+ years
- Asking Price: $90K
- Standalone double storey heritage building
- Secure lease and good rental
- Excellent presentation and fitout
- Three treatment rooms and 3 dedicated group pilates spaces.
- Balanced Body pilates equipment and reformers
- Experienced and popular teachers
- Excellent client retention
- Municipal permits in place

LEASE
- Commenced 30th March, 2016 for a three (3) year term
- Three (3) further terms of three (3) years
- Current rent $4,055 pcm
- Annual increases of 4%, market review at the end of each term
- Floor area: approx 220 sq/m

STRENGTHS/ BENEFITS
- High profile location in a popular suburb
- Excellent reputation within the industry.
- Large 220 sq/m premises
- Bespoke fitout
- Strong membership sales and retention
- MBO software and full service website
- Loyal clients and experienced teachers.
- Owner willing to stay on to allow for seamless handover.
- Perfect for a first time buyer or experienced operator looking to expand. No additional expenditure required

This business enjoys an excellent reputation in the Pilates industry and provides the purchaser with a turnkey operation, with no further capital expenditure required.

The owner has decided to sell to spend more time with her family.

Contact Lisa Horne of Boyd Ryan Business Sales & Consultants on 0422 860 790 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Reference BR1346.

This is another Boyd Ryan Business Sales & Consultants Exclusive Listing...

Contact Seller

Contact: Boyd Ryan
Phone: 1300 071 226
Mobile: 0411 145 114
Bsale ID: 199571




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