Successful High Volume Pilates Studio For Sale

Business description

Located in the northwest area of suburban Columbus, Ohio, namely Dublin, Ohio, The Pilates Studio of Central Ohio, Inc. is a STOTT Pilates Licensed Training Center and private studio. There are over 250 clients and students in a very busy private pilates studio. The studio has a full time General Manager to oversee the private studio and an Education Program Director to conduct and oversee the STOTT Pilates Education workshops and classes.
There is a full compliment of STOTT Pilates Equipment - reformers, stability chairs, cadillacs, and ladder barrels. There are several pieces of small equipment - BOSU balls, arc barrels, mats, stability balls, spine correctors, spine supporters, fitness circles, weighted balls, and misc. items.
The studio offers several classes throughout the day and also has several private and semi-private clients. STOTT Pilates certification workshops and continuing education classes are held every month for the equipment and the matwork.
There is a scheduling software package to track existing clients and overall sales.
There are 4 full-time employees and 8 part-time employees. All are STOTT Pilates Certified Instructors. There are 2 STOTT PIlates Instructor/Trainers to teach the education workshops.
Images of the studio interior and exterior can be emailed upon request.

Property information

Real Estate:

Lease

Lease terms:

I just signed a 2 year extension that began Aug. 1, 2009.

Leasehold rent:

$33,600 per annum

Living accommodation:

Not Applicable

Location:

The studio is on the southwest corner of I-270 and Sawmill Road. This is in a very high traffic area for the northwest side of Columbus. There is excellent access and a very large parking lot making it very easy to reach the studio. This is very important, especially to the people who come in from out of town and out of state to obtain their STOTT PILATES Education.

Premises details:

The studio is located in the Dublin Village Shopping Center, a very well established strip mall which contains several other businesses including restaurants, retail shops, salons, and an AMC Theatres 16.

Size in square feet:

2,800

Other information

Expansion potential:

The studio lies within a 2800 square foot space with ample parking. There is no room for expansion currently because the spaces on both sides of the studio are currently rented.

Competition / Market:

There are other fitness facilities in the area of Dublin and northwest Columbus however there is no other dedicated pilates studios. Some of these facilities have pilates within their programming however the studio is two notches above what the others offer. Why? Because of the fact that the studio is a Licensed Training Center for the STOTT PILATES brand of pilates. And the quality of training is far above any other facility in the area.

Support & training:

There will be full training and support during the transition. This will include scheduling with the software, monetary transactions, staff relations, marketing, communications.

Reasons for selling:

I am the 100% owner of the business and I now live in Arizona. I moved to AZ in Dec. of 2003. After several years of absentee ownership I feel that the time is right to sell and allow for local ownership.

Trading hours:

M - TH, 8 AM - 8 PM
FRI 8 AM - 2 PM
SAT 8 AM - 2 PM

Financing available:

It's a possibility. Email for details.

Furniture / Fixtures value:

$80,000 (included in the asking price)

Inventory / Stock value:

$6,000 (included in the asking price)

Website:

www.pilatesstudioofcentralohio.com