Murphy Business and Financial Corporation presents

Pilates Studio

(city not disclosed) FL | Miami-Dade County

Key metrics

Asking price: $105,000

Established: 2010

Gross income: $137,800

Cash flow: $57,437

Franchise: No

EBITDA:

Employees: 1 FT/3 PT

Square Feet: 1,021

Home Based: No

FFE: $30,000 (included)

Inventory:

Real estate:

Relocatable: No

Business description

First class Pilates studio in upscale area of downtown Miami. Regular clientele. High end office building (2nd floor) houses this fine establishment. Full Pilates equipment all paid for. Target clientele are females from 30-60 years old. Owner's role is mainly customer service and general administration, marketing. Neighboring tenant offers specialty exercise classes which complements the Pilates studio. Most of business comes from referrals, website and Living Social periodicals, Guild Promotions. Excellent Instructors are 1099's. Safe, comfortable and classy, few of it's kind. Great Miracle Mile area of Miami. Seller looking to relocate to be closer to family. Will stay on board to transition and insure seamless takeover up to 90 days.

Facilities description

High end commercial building in prominent area of Miami.

Financing description

Cash sale. Negotiable.

Growth

Further marketing and social media efforts, health related periodicals, club and office package plans.

Support

Will train for 2 weeks @ no cost. Owner needs occupational licenses. Instructors are licensed.

Reason for selling

Relocation to north Palm Beach area - closer to family.

Keywords

fitness, pilates, therapy, miami-dade county, florida

disclaimer

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Contact Edwin Pena


Edwin Pena

Listed by

Edwin Pena,

Murphy Business and Financial Corporation

754368-5192

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Do not contact the broker/seller for any reason other than your interest in buying a business!

Frequently Asked Questions

Important terms

  • Gross Income - This is the total gross sales and receipts from line 1 of the tax return. Learn more >>
  • EBITDA – Earning Before Interest Taxes Depreciation and Amortization. This financial term is generally only used with multi-million- dollar businesses.
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  • FFE – This is the estimated value of the Furniture, Fixtures and Equipment.
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  • Inventory – This is the estimated value of the retail products and merchandise.
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  • Cash Flow – Cash Flow is often also called Sellers Discretionary Earnings or Owners Benefit. All debts on a business are normally paid off at closing. Cash flow is the total of net profit, owner’s salary, depreciation, amortization, interest, perks and non-recurring expenses.
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