CONFIDENTIAL
FOR SALE
641895
A rare opportunity to acquire a fully fitted, established yoga and Reformer Pilates studio in a highly desirable North London location.
The studio extends to approximately 3,500 sq ft and has been professionally designed and fitted as a dedicated boutique fitness and wellness space. The business currently offers hot yoga, non-heated yoga and Reformer Pilates, with an established client base and strong local presence.
The premises comprise two dedicated studio spaces. The main studio is a large, fully equipped heated yoga studio with a professional heating system and substantial class capacity.
The second studio has recently undergone a significant refurbishment and has been transformed into a beautiful dedicated Reformer Pilates studio with six reformer machines. This provides an incoming owner with an additional revenue stream and considerable scope to grow the Reformer side of the business.
The premises also include male and female changing rooms, showers, lockers, reception and client areas, together with the infrastructure and specialist equipment required to operate a boutique fitness studio.
A significant investment has been made in the premises, fit-out and equipment. This presents an incoming owner with the opportunity to acquire an already operational specialist fitness space without the substantial cost, time and complexity involved in fitting out an empty commercial unit.
The sale includes the studio fit-out and equipment, six reformer machines, specialist hot yoga heating system, fixtures and fittings, established website, social media presence, client database and goodwill. The existing lease is intended to be assigned to the purchaser, subject to the necessary landlord consent.
The business has an established membership and customer base and offers considerable potential for a new owner to continue the existing concept or further develop the premises across yoga, Pilates, Reformer and the wider boutique fitness and wellness market.
Reason for Sale
The owner established and has operated the studio for a number of years and is now selling due to a planned relocation outside London.
A suitable handover can be provided to assist the incoming owner with a smooth transition.
Confidential Sale
The business is being marketed on a strictly confidential basis. For this reason, photographs and the exact location are not being published within the advertisement.
Further information, photographs, lease details and financial information can be provided to serious prospective buyers following an initial enquiry and, where appropriate, a confidentiality agreement.
Key Features
Owner selling due to relocation
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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