For Sale

Pilates Health & Fitness Classes

Edinburgh, city of edinburgh

£74,995 +SAV

Ref: B04979

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

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Description

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a Leasehold basis) an exceptionally well run and performing, “turn key” Pilates business with an excellent reputation.

The business has been placed on the open market as it’s our clients desire to take well-earned retirement after many successful years of trading.

KBC Pilates has been operating under the careful and meticulous ownership of our client since 2011 and who has grown the business & client list to an impressive level with turnover and profit levels growing steadily.

The business offers bespoke Pilates sessions on an individual and group basis. Sessions offer mat work classes for beginners through to an intermediate level.

There are also further classes / sessions for seniors, osteoporosis sufferers along with sessions for ante and post-natal clients, all delivered in modern, bright and relaxing purpose-built studios.

The business has built up an excellent reputation within the area and further afield, for the very high-quality sessions and knowledge offered, which has resulted in a very loyal client base, with a high volume of repeat and referral business.

We feel there is scope for a new owner to increase the turnover by extending the opening hours, A new owner could also embark on a modest marketing campaign to highlight the business & excellent classes on offer, along with running classes in other venues around the city.

The business is immaculately presented and is truly one of the finest “turn key” operations available to purchase.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment

Tenure

Leasehold

• We are advised that tenure is on a Leasehold basis
• Rent £10,000 PA
• No Rates

Hours

Sessions are booked between the hours of 10:00 – 20:00 Monday – Friday

Staff

The business is currently run and managed by the current owner with 3 self-employed instructors.

Financial Profile

Figures Will Be Made Available to Interested Parties Post Viewing

Location

The business is situated on the busy & popular Cadzo Place (EH7) just at the end of London Road in the capital city of Edinburgh.

Cadzo Place is found near to the bustling Meadowbank and Easter Road areas of Edinburgh, densely populated with a mixture of residential property and complementary shops, retail park, local independent businesses and benefitting from excellent public transport links and local amenities.

Edinburgh is the capital city of Scotland, it is the second most populous city in Scotland and the seventh most populous in the United Kingdom.

Edinburgh has a population of circa 487,500 and lies at the heart of a larger urban zone with a population of 778,000.

The city has long been known as a centre of education with 4 universities within proximity to the business.

The city's historical and cultural attractions have made it the second most popular tourist destination in the United Kingdom after London, attracting over one million overseas visitors each year.

Historic sites in Edinburgh include Edinburgh Castle, Holyrood Palace, the churches of St. Giles, Greyfriars and the Canongate, and the extensive Georgian New Town, built in the 18th century.

Premises

The business is located in a traditional, single fronted commercial premises, refurbished to an exceptional modern standard to provide a “turn key” bright & welcoming studios, briefly comprising:

Studio 1, located to the front of the building, with ample space for one to one sessions and housing the Reformer, an all in one Pilates machine, seating area and further equipment storage areas.

Studio 2, is located to the rear of the building and offers a bright, warm space for group sessions, decorated to a modern, fresh standard, with laminate flooring and feature mirrored wall.

The premises further benefit from a well fitted kitchen area along with client W/C area.

Further benefits include, gas central heating & double glazing throughout

The business is well signed & is easily visible benefitting from a prime trading location.

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