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: $400,000
  • 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 why individuals choose to sell businesses. However, the genuine factor and the one they tell you might be 2 absolutely different things. As an example, they may say "I have too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent reduction in incomes, or a range of other factors. This is why it is very essential that you not count totally on a vendor's word, but rather, use the vendor's solution together with your general due diligence. This will repaint a much more sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies finance loans with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that revenue margins are too tight. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that have to be met or might lead to penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area draw in new customers? Often times, businesses have repeat consumers, which form the core of their daily profits. Specific aspects such as brand-new competition sprouting up around the area, roadway building, as well as personnel turn over can impact repeat consumers and adversely affect future profits. One crucial point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more people that see the business on a regular basis, the greater the possibility to develop a returning customer base. A last idea is the general area demographics. Is the business located in a densely inhabited city, or is it situated on the edge of town? How might the local typical household income effect future earnings potential?