Established Pilates and Gyrotonic Studio in Tucson, AZ (Sold)

This is a well-established Pilates and Gyrotonic studio with an outstanding reputation, operating for nearly 20 years in the Catalina Foothills area of Tucson, AZ. Known for professionalism, excellent teachers, and a wide range of offerings beyond Pilates, the business has demonstrated resilience by remaining profitable through the COVID-19 pandemic and is nearing pre-pandemic performance levels. The owner is looking to retire, presenting an opportunity to acquire a beloved community staple. The studio occupies 2000 sq ft with a monthly rent of $3,886 and a lease expiring in October 2023 with a 5-year option. The sale includes $55,000 in equipment/fixtures. The business is supported by 7 part-time employees and offers a 2-week training period for the new owner. The listed price was $99,000 with a gross revenue of $281,867 and a total adjusted net income of $63,231.