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  • Listing No.: 101-16016

  • Category: Fitness, Leisure/Entertainment

Asking Price $129,000
Down Payment $64,500
Gross Revenue $136,386
Total Adjusted Net Income $65,345
Equipment / Fixtures $80,000
Year Established 2015
General Location Henderson
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RECURRING REVENUE: This is a unique type of Pilate's and the only place in town (they have exclusivity with the manufacturer) for this type of Pilate's machine. The Machines are each $10,000 a piece and they have 8 of them in great condition. Members pay per class but most pay a monthly, recurring membership fee giving you stable recurring revenue. The ideal buyer is someone who can step in and be an instructor with the 4 other 1099/contracted instructors who get paid per class that they complete. Sellers are moving out of state to take care of aging parents and have prepared the business for sale with the help of a Certified Public Accountant (CPA). He has all the necessary documents ready for due diligence, including tax returns, leases, equipment lists, financial statements and more. For more information including a detailed confidential opportunity summary with financial information and photos, please email Listing Agent.

Gross Revenue $136,386 Listed Price $129,000
Total Income $65,345 Down Payment $64,500
Base Rent $2,340 Square Feet 1250
Total Rent $2,340 Lease Expiration 12/2022
Rent Deposit $2,000 Lease Options
Inventory $500 Leasehold Improvements $25,000
Equipment / Fixtures $80,000 Other Assets
Full-Time Employees Training Period 7 days
Part-Time Employees Special License Required
Contract Staff 4 Reason for Selling Moving out of state to take care of sick parents

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.