turner-butler

Businesses are featured on

Businesses for Sale

Pilates Studio
Clinical Rehabilitation & Fitness Pilates

Ref. CO174

Location : Dublin

Asking Price : €1,100,000

Turnover : Undeclared

Net Profit : Undeclared

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

Submit NDA Online
Submit NDA Offline
Print this page

British Pound1 GBP = 1.13880 EUR Euro1 EUR = 0.878119 GBP

Asking price includes:

A turnkey business
Well known and respected business
Excellent reputation
Large database of circa 5,500 clients
Ideal lifestyle business
Well-equipped premises
All equipment included in the sale
Huge potential to increase turnover
Significant online presence
Debt free business

Business Profile

This business is a well-established fully equipped and popular Pilates studio located in an affluent area and operating with Certified Pilates Teachers and physio therapists. The studio provides an excellent environment for instruction from a professional team of caring qualified instructors. The vendor is a 2nd generation Pilates master and with this skill plus the experience and knowledge of the whole team it achieves 85% of new business via referrals from satisfied clients. Standards are consistently high and have led to these referrals.

The business provides three services

• Fitness Pilates group classes
• Clinical one-to-one sessions
• Pilates certification from a world recognised and respected body

The studio opened in September 2011 and was profitable from day 1. The owner suffered her own personal experience with back pain and sought a solution that would work, subsequently developing this business.

The business has grown year on year since the launch through the good services etc. that are on offer.

The brand name of the business is well known and respected in the pilates industry. Many referrals are gained from hospitals and physios who recommend their patients to do pilates.

The business has intelligent apps, IT systems etc. to stay connected with clients, which has reduced costs to the business substantially.

Exercise programmes are tailored specifically to the individual s needs and adapted as the person develops. Designed to help each client achieve the correct balance of flexibility and muscle tone from body sculpting to rehabilitation and injury prevention to better coordination and endurance. Clients leave a session with greater body awareness and control and a reduced level of stress.

The vendor consistantly reinvests in the busienss, it was renovated in March 2018, new reformers and other equipment.

The studio was never built to be based around the vendor and so will happily survive without the owners prescence. All the certified teachers bring years of experience to create a safe and caring environment to transform clients bodies.

This is a super opportunity for a qualified Pilates instructor to acquire this successful profitable business or alternatively a physiotherapist as an add-on to their existing business or anyone interested in the health industry or a career change.

Equipment:

All equipment is included in the sale price.

• 17 Reformers
• 1 x x Clinical Reformers
• Massage Table
• Jump Boards and Boxes
• Ladder Barrel
• Core Align, Trap Table, pilates chair
• Pedi pull etc.
• Exercise Mats and small props including magic rings, foam rollers, etc.

Customer Service:

The staff prides themselves on their excellent quality and professional customer service. Each client is given the same personal attention by the team of professionals.

Key Strengths:

• Huge customer focus
• Attention to detail
• Standards and excellent advice
• Full Pilates service
• Client value for money

Financial Information:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The regular client base provides an instant cash flow/turnkey business and without vendor.

2018 TBC
Expenses TBC
Profit margin TBC

Asking Price:

The Asking Price of €1.1M is for 100% of the issued capital of the company.

Advertising and Marketing:

The business has a website and also uses popular social media to great success.

Text Offers.

Growth and Expansion:

This sector is a booming industry with a very good market outlook. Focused marketing and new thinking to go beyond the present owners vision could gain 100 percent growth.

With focussed thinking a future owner could double the business.

One therapy room is available to rent out or hire staff for services such as massage, physio etc.

Currently there are 65-70 classes spread over the 7 day week operating at 68 – 70% capacity, more classes could easily be added for additional growth.

The successful buyer may think on a new level possibly licencing the brand name and creating a franchise model.

Premises:

The premise is in a modern retail park with courteous free car parking. Based near a residential area of middle to upper class residents the premises are close to main road networks giving easy access for clients.

The premises have three exercise studios, a large reception area, kitchen for staff, large office or therapy rooms with a massage table.

The studios total rent is TBC Euro with rates of 5,400 Euro, available through a new lease.

All main services plus air conditioning are on site.

Business Hours:

Monday – Thursday: 9am – 10pm
Friday: 9am – 5pm
Saturday: 9.30 – 2pm
Sunday : 9.30 – 4pm

Employees:

Staff – All Pilates teachers and support staff are sole traders / self-employed, which is normal in this industry. They invoice the company on a monthly basis. There are no employees.

Support and Training:

The owner will stay for handover and training if necessary, however as previously stated the business is not built around the vendor.

Reason for Sale:

The owner is now looking at further business opportunities.

EPC:

Energy Performance Rating ‘G’

Please contact us for a copy of the EPC if required.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk