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- RE: Renowned Flagship Pilates Studios For Sale In NYC
- Contact: Mitch McGinley
Quick Facts
Asking Price: | $2,000,000 | |
Annual Revenue: | $2,115,548 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $511,983 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 60 | |
BBN Listing #: | 946642 | |
Broker Reference #: | 60224 |
Business Overview:
One of the most renowned names in all of Classical Pilates. This is a one-of-a-kind opportunity to purchase the flagship locations in NYC. Buyer would need to agree to a 5% licensing fee should they wish to retain the brand, which is the structure the Seller prefers. Owner is selling to focus on Teacher Training, a separate entity. This structure provides the Buyer with exclusive access to the most ideal perpetual pipeline of top shelf classically trained teachers, trainers and staff, as well as tremendous opportunities for growth and scale.
The staff and team at these two studios are as good as it gets - and they are passionately committed to both the legacy and the future of the true Pilates method. The owner trained directly with Romana Kryzanowska and has passed her extensive knowledge to everyone on the staff via a rigorous certification process. The staff is recognized as among the best in the country. There are a lot of big names. Ideal locations.
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Property Features and Assets:
The spaces are beautiful and serene. All of the equipment is handmade and top of the line. Exciting growth already happening is the growth of the brand. The brand has become a household name all over the world. The owner has mostly focused on growing the Teacher Training, meaning this is an ideal opportunity for someone who wants to acquire two thriving studios and grow the studio footprint.
Reason for Selling:
Focus on Growing Teacher Training
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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