SOLD – Premium Independent Pilates Studio – Ringwood, VIC

Description

Turnkey Opportunity – 400+ Members 

No expense has been spared creating this stunning state-of-the-art studio in the prominent Eastland Shopping Centre (QIC). 

Established in 2016, this Pilates Studio is truly impressive with its luxurious environment, architecturally designed premises, and good growth potential. 

Fully fitted with state-of-the-art equipment, no further outlay is required – ensuring a good income from Day 1. 

Business Highlights: 

• Premises 160.9 sqm – Affordable rent 
• 400+ Members – as of Jan 2022 
• $130k of Assets included 
• Classes suitable for all levels – Excellent reputation for delivering quality sessions 

• Strong community following  
• Impressive website with Online Booking Functionality 
• Well positioned in the exclusive Town Square area, adjacent to Ringwood train station 
• Easy access to public transport – Plenty of onsite parking 
• Currently operates with 1 working owner and 5 casual staff 

• Well positioned for future growth 
• 1 week handover / training period 

Eastland Shopping Centre (QIC) has recently undergone a $600 million refurbishment – and is currently building new office space to house more than 2000 workers – making this a prime growth location. 

The business is currently run under management – with an experienced team of trainers – and the overseas owner works approximately 5 hours per week.  

If you are looking to purchase as either an investment – or to self-manage – this successful and well-established studio has shown resilience within a tough climatic period. 

The business continues to maintain itself as a local favourite and there is excellent future opportunity to grow its membership and increase profits. 

Price: $175,000 Negotiable