Business For Sale Richmond, Victoria 3121
Business Category Gyms
$425,000
Description
Studio Pilates Franchise Prime Location In Richmond, Melbourne Established 7 Years Profitable Scope For Growth Training And Support
Well positioned in the booming health and fitness industry, here is a golden opportunity to acquire a well established independent Studio Pilates in the heart of Melbourne.
This thriving business comes with everything you need:
Hundreds of long-term clients,
New owner training provided and ongoing training from the franchisor.
Australian based head office,
Ongoing strong Marketing support,
Established and qualified team and instructors,
June 2027 lease + 5 year option to extend,
Large & lucrative franchise territory in the Eastern suburbs,
Capacity to grow & build on current profitability,
Strategically positioned in walking distance from the world-famous MCG and Bridge road trams in the stunning Ark building, this Studio has been successful from day one. It is surrounded by hundreds of businesses and has heavy Bridge Road car and foot traffic that together provides high visibility.
This ground floor studio is beautifully designed and fitted out with 12 reformers, high ceilings, innovative multimedia technology, plus a private office and tea room on a mezzanine floor. The current lease agreement runs to June 2027, with an option to extend for a further five years. ÂÂ
The Studio Pilates point of difference is our model and programs are developed and managed by a physiotherapist and former Olympian and was established in 2002. Our 40 minute programs are video streamed into our Richmond studio multiple times/day. Each program is supervised by 1 on-site instructor who helps clients maximise safety, their fitness and wellbeing.
The business is well marketed through social media, sponsored events, digital marketing campaigns and sales promotions. With over 280 regular clients, many with long-term contracts, this business provides an excellent  cash flow and income. This well-established studio is not just thriving but also primed for growth, ready for a new owner who can take it to the next level. The potential for expansion and development is vast, offering an exciting opportunity for the future.
Features of the Business:
Located in a ground floor shop front on high visibility Bridge Road with off street car park,
Established and profitable business,
Capacity to grow without adding fixed costs,
Equipment refurbished within the last 12 months,
Excellent marketing strategy, execution and online presence,
Over 200 five-star ratings on Google,
Current Turnover of $571,000 pa
More than 450 visits and 62 classes per week, with potential for more,
Sale includes state-of-the-art equipment and fixtures.
Studio Pilates Richmond can be managed with the owner involved as much or as little as your time permits. The walk-in-walk-out business allows the buyer to come in and enjoy the benefits of acquiring an established studio. It also provides the benefit of working within the well-recognised Studio Pilates family of over 100 + Franchisees Globally. This business including fixtures & fittings is only $450,000. If you want to join this flourishing network, call us TODAY!
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