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Established Reformer Pilates Studio For Sale – Cockfosters, North London
This is a rare opportunity to acquire a fully operational and established Reformer Pilates studio located in a prime area of North London. The studio boasts a loyal client base, experienced instructors, and a consistent weekly timetable, making it an attractive investment for both new and existing Pilates operators.
With a solid local reputation and 32 classes running each week, this studio is perfect for an instructor eager to own their own establishment or for a current operator looking to expand their portfolio. The business is currently instructor-run, providing an excellent opportunity for a new owner to enhance profitability by directly teaching classes.
Key Features
The studio comes well-equipped with six commercial reformer beds included in the sale, ensuring that the new owner can start trading immediately. Additionally, all essential systems are already in place, including a booking system and active social media accounts. Not only does this operation offer significant growth potential for an owner-operator, but it also features complete turnkey operations that allow for a seamless transition.
What’s Included in the Sale
The sale of the studio includes six reformer beds, an established client database, a professionally designed website, and social media accounts that can help promote the business effectively. Moreover, the comprehensive booking system and associated branding and goodwill are also part of the package, facilitating an effortless handover of operations to the new owner.
Since its establishment in 2021, this business has shown remarkable growth, with an increase in turnover observed over the past year. The leasehold price for the studio is £89,950, while the current turnover stands at £90,000, supported by an annual rent of £30,000. All stock is included in the sale price, streamlining the transition for the new owner.
Located in a vibrant area with ample nearby amenities, such as shops and restaurants, the studio enjoys a competitive edge with no direct competitors in the vicinity. With a commitment to the business, employing 16 staff members, and a solid online presence already established, the future owner can step in and continue building on the success of this established Pilates studio.
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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