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Recreation & Sport business for sale in Elwood

  • Recreation & Sport
  • Elwood VIC 3184
  • $90,000 (GST na)

Pilates Studio - Bayside $90k

**PILATES STAR BAYSIDE**

Brilliantly located, well established, bright and spacious pilates studio and allied health practice for sale in a fabulous Bayside location.

SNAPSHOT
- Established 9+ years
- Asking Price: $90K
- Standalone double storey heritage building
- Secure lease and good rental
- Excellent presentation and fitout
- Three treatment rooms and 3 dedicated group pilates spaces.
- Balanced Body pilates equipment and reformers
- Experienced and popular teachers
- Excellent client retention
- Municipal permits in place

LEASE
- Commenced 30th March, 2016 for a three (3) year term
- Three (3) further terms of three (3) years
- Current rent $4,055 pcm
- Annual increases of 4%, market review at the end of each term
- Floor area: approx 220 sq/m

STRENGTHS/ BENEFITS
- High profile location in a popular suburb
- Excellent reputation within the industry.
- Large 220 sq/m premises
- Bespoke fitout
- Strong membership sales and retention
- MBO software and full service website
- Loyal clients and experienced teachers.
- Owner willing to stay on to allow for seamless handover.
- Perfect for a first time buyer or experienced operator looking to expand. No additional expenditure required

This business enjoys an excellent reputation in the Pilates industry and provides the purchaser with a turnkey operation, with no further capital expenditure required.

The owner has decided to sell to spend more time with her family.

Contact Lisa Horne of bbroker on 0422 860 790 for a confidential discussion about this business or register your interest by clicking on the 'Contact Agent' link on this advertisement and completing your details. Reference BR1346.

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Business Highlights

Business ID2014898497
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Last updated  12 Feb 2019
Map for Elwood VIC 3184
Business Brokers Network Australia
Unit 8/747 Fairfield Rd Yeerongpilly QLD 4105

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