Business Overview

With more than 650 studios across the globe, spanning 4 continents, we are the largest Pilates brand and studio network worldwide. Ranked in Entrepreneur Magazine’s Franchise 500 List five years running and Inc. Magazine’s Inc. 5000 list multiple years, we lead the Pilates industry in providing every-body with the opportunity to experience the benefits of Pilates.

Financial

  • Asking Price: $250,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Established Franchise:

This Business Is An Established Franchise

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals resolve to sell operating businesses. However, the true reason and the one they tell you may be 2 absolutely different things. For instance, they may claim "I have way too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may just be reasons to try to hide the reality of altering demographics, increased competition, recent decrease in revenues, or an array of other factors. This is why it is really crucial that you not depend completely on a seller's word, however instead, use the vendor's response along with your overall due diligence. This will paint an extra practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many operating businesses finance loans so as to cover things like supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can imply that earnings margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that have to be satisfied or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the location bring in brand-new clients? Most times, companies have repeat clients, which develop the core of their day-to-day earnings. Certain factors such as brand-new competition sprouting up around the area, roadway building, as well as staff turnover can influence repeat clients and adversely impact future incomes. One important point to consider is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more individuals that see the business often, the higher the possibility to build a returning client base. A final idea is the basic area demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? How might the local typical household income effect future revenue potential?