Business Summary:
This studio has exploded in popularity and profitability in two short years, becoming a beloved destination for women seeking a full body transformation. Offering classes 7 days a week for women of all shapes, ages and fitness levels, the business has thrived by crafting personalized programs to match each client’s specific goals. It’s a lovely 1,300 square foot studio built with soft edges and subtle touches. Customers love coming to classes here. Because most sessions are in the mornings and evenings, a new owner will love having downtime during the mid-day for family needs or business development. The 2015 P&L points to a $102,000 total cash flow on $166K in gross revenues. That's a 62% annual cash flow. Expenses are modest. Once the owner pays the $3,400 rent payment and the fees to instructors, paid per class, there are very few expenses remaining. The current lease runs through 2019. The studio is located in an upscale, heavily-trafficked shopping center in Santa Clarita. This is an excellent business for one owner because most classes are held by contracted instructors. The owner is an instructor herself and has developed tremendous loyalty with her clients. She and her family hope to move out of state. The business is perfectly positioned for someone to build on her many successes and 5-Star Yelp reviews.
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