08 8361 3074

Well and Good Pilates Classes

$65,000

Business Description

Pilates is a body and mind form of exercise which is low impact but allows for people to work on their flexibility, strength, posture, and endurance while also focusing on being in a positive and calming mind-set. Well and Good Pilates Classes has been operating since 2013 and is set up for all Pilates related activities and leases space to independent consultants who offer remedial massages, Yoga and Bowen Therapy. The business’ facilities offer an alternative way to exercise for people who are looking for a less intense environment (such as a regular gym) to exercise in.

Well and Good largely caters and markets to those who are over 40 and are proud to be a friendly, relaxed and accepting community that is inviting to all. The business has multiple rooms/areas which are purposely designed and equipped to support the services they have on offer which includes a dedicated Pilates mat room, reformer room, therapy room, locker room, garden area and meeting room.

The business operates 7 days per week at varying hours depending on the classes/sessions they have running and also offer show-throughs for prospective clients. The business’ main income stream is generated from the Pilates related activities but it also generates income via retail sales and rental income paid by the consultants who utilise the business’ facilities. Located 30 minutes north-east of the city, Well and Good Pilates Classes is well positioned in a service orientated precinct which has ample car parking for all clientele.

At a Glance

  • Offering Pilates, Yoga, remedial massage, and Bowen Therapy
  • Established since 2013
  • Trading 7 days per week
  • Fully equipped facilities
  • 30 minutes north-east of the city

Melanie Winter 0408 085 932


Extended Price Information

Goodwill $61,925
Plant & Equipment $3,075
$65,000

Staff Summary

The business currently employs 10 casual staff members.

Lease Summary

Current Rent $2,000 per month + GST
Lease Term 12 months
Lease Commencement 29th October 2015
Lease Expiration 29th October 2022
Right of Renewal 2 x 2 years + 1 x 1 year
Outgoings Paid by Tenant
Adjustments Annually

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