Established Pilates Studio in Chicago with 2 Studio Locations. The business has been open for 19 yrs, both studios are fully equipped with Pilates equipment, both have established clientele & Instructors, both are 1100 sq ft with rental agreements in place with years remaining at same rental rate. Business name has been trademarked, website updated (1/2012), Mind Body software system with online scheduler, reporting, payroll, etc (set up for over 5 yrs).
Business Financials available after signing confidentiality agreement along with intention.

Negotiable Terms to Consider:
- Creative Financing such as 5 yr contract with monthly installment payments.
- Owner would agree to stay contractually for 1 year +based on responsibilities & salary.
- Teacher Training program also available For Sale or under a Licensing Agreement with your company name.
- Owner would agree to stay contractually teach the teacher training program for an agreed upon period of time to guarantee new Instructor employees.
- Partnership Agreement with the current owner and not a sale.

Annual Sales: $235K (both studios combined, consistently for last 4 yrs).
Asking Price: $180K ($90K each).
Debt $35K: All debt projected to be paid off by 7/2014