Accord Business Brokers
Unit 3, 22 Fallon Street,
Caulfield, VIC 3162
Phone: 03 9569 2883
Fax: 03 8677 0868
Beauty/Health for sale
PILATE AND VACU SHAPE STUDIO ID Number: 828
Asking Price: $60,000
NO SPECIAL REQUIREMENTS OR QUALIFICATIONS NEEDED TO OPERATE POWERTONE PILATES EQUIPMENT OR VACUSHAPE.IDEAL TO INTEGRATE INTO AN EXISTING BUSINESS, GYM, HEALTH STUDIO ETC.
Annual Turnover: $100,000
Annual Gross Profit: $0
Adjusted EBITDA: $36,000
Full Time: 0
Part Time: 0
Lease Term Remaining
Person To Contact
Person To Contact: Peter Cahn
Email: Click to email
The studio is located in Malvern and opened in 2009.
The fitness studio uses the Powertone Pilates Machines by Shapemaster. This equipment is one of a kind, designed originally in rehabilitation the machines now provide a gentle approach to exercise that is easy on the joints and muscles compared to conventional exercise.
In a market with an aging population and more awareness about the effects of not exercising and become strong in your later years, Be in shape studio is well situated to be a profitable business moving forward.
In addition to the Powertone pilates, we also have young people who enjoy their time at the studio. Modifications to the circuit with weights, resistance bands, weight balls and kettle bells increases the workout and allows people of all ages to start toning their muscles and begin regain their strength and balance.
In January 2014 new management came into effect. Since the new ownerships there has been an increase in Membership and many previous members re-activated from the changes made.
In addition the Marketing and participation in the VACUSHAPE weight loss treadmill have increased dramatically. The vacushape is imported from the Europe, and is a treadmill encased in a chamber. The chamber then has resistance from a high powered vacuum which allows for x3 amount of calories burnt during a 30 minute walk/run. By increasing blood flow and the pressure gradient difference in the chamber it is perfect for getting fit, changing body shape and getting rid of cellulite.
The vacushape currently creates an additional $25K in sales, with the machine only generating $5K on average under the previous management.
There are currently 6 staff members that operate the studio throughout the week. All staff are trained.An owner operator would be perfect. A cut in wages, super and work cover would result in a far better bottom line.
After 12 months of setting up the studio for success, and the increased activity and members now using the studio it is becoming hard for the owner to manage the studio as he has an adjoining health care business proving chiropractic, physiotherapy, Massage and clinical Pilates.
Putting in simple, the studio requires a “hands on” manager who can be there to talk with clients, interact with them and this would further increase profits of the studio.
- Business Category: Beauty/Health
- Business Sub Category: Natural Therapies