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: $150,000
  • 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

Additional Info

The building is leased by the company for $0.00

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell companies. Nevertheless, the true factor vs the one they say to you might be 2 completely different things. As an example, they may claim "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. But, for some, these may just be justifications to try to conceal the reality of altering demographics, increased competitors, recent reduction in incomes, or a range of other factors. This is why it is extremely important that you not count entirely on a vendor's word, yet instead, use the seller's response along with your overall due diligence. This will paint a more practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the current 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 borrow money with the purpose of covering points like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can mean that revenue margins are too small. Lots of companies come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be fulfilled or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location bring in new consumers? Most times, companies have repeat clients, which form the core of their daily earnings. Certain factors such as brand-new competitors growing up around the location, road building, and also staff turnover can influence repeat customers as well as adversely impact future profits. One essential thing to think about is the location 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 often, the higher the possibility to build a returning consumer base. A final thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? Just how might the local median house earnings impact future income prospects?