Classic Pilates Business in Two London Location

CoGoGo welcomes to the market Pepilates Limited. The business was first established in Clapham in 2009 by our clients. The success of the studio led to our clients setting up another studio in Wimbledon in 2015. The owners are now looking to sell the business, due to their desire to relocate to Yorkshire. The business offers Classical Pilates in the form of One to One and group Reformer sessions from its two locations in Clapham and Wimbledon as well as Mat classes in its Clapham branch. Pilates was developed over 60 years ago, by the German born Joseph Pilates and is one of the fastest growing industries in the UK. Classes available include:One to One classes on the equipment or MatGroup Reformer classesPregnancy ClassesDuet Classes Taster sessions are available to those that are new to Pilates. All classes are run by fully qualified instructors, many of whom have been with the business since 2009. The business is currently generating a turnover of around £575,000, with a margin of around 20%. This is an outstanding business that has proven to be extremely popular and has a strong client base of repeat customers. The second location in Wimbledon was opened in late 2015 and is already turning a profit but has lots of room for further growth. We also feel that the purchaser could look to grow the company by introducing additional locations. Pepilates Ltd has been run to a very high standard and the management roles have written procedures. The business website (www.pepilates.co.uk) It is easy to use and professional. The site is filled with information, prices of classes and videos. The business also has its own Facebook page with over 700 followers and excellent reviews across a number of websites including Google. We are advised that very little advertising has been done for the past couple of years as the business website is top of the organic rankings on google and lots of new clients come via word of mouth however we feel that the purchaser could increase revenue and profit with a strong marketing campaign. The business has a database of over 5,000 clients with 450 active customers at any one time. Clapham has around 275 clients per week and the newly opened Wimbledon branch has around 65. The businesses varied client base includes celebrities, and lots of high earning city workers. Clients pay either by purchasing a pack of classes upfront or on a pay monthly membership option. The business also has a great reputation within the Pilates industry for providing workshops taught by some of the most respected teachers in the industry. Whilst also generating revenue, this means that there is never any shortage of instructors who want to work for the business. This is a fantastic Leasehold opportunity that is not to be missed. CoGoGo highly advise early viewing to take in the full potential of the trade.

The business is run by a team of reception staff who work 7 days a week from the Clapham location and are overseen by our client. The business has 19 self-employed Pilates instructors who work across the two locations.

The business opening hours: - Monday - Friday: 8am – 9pmSaturday: 8am – 6pmSunday: 9am – 3pm

Pepilates Limited has two separate locations in London. Clapham StudioThe first studio is located in Clapham just minutes from the high street and Clapham Common tube station. Clapham is a short drive away from Balham, Battersea and Brixton. This is an excellent residential location which is surrounded by £1m+ houses and rich city workers who sit at desks all day and are desperately in need of the restorative effects of Pilates. Close by are the A3, A24 and A23 these are arterial roads that run directly into Central London. Due to the close proximity to Central London, the area further benefits from great public transport. There is a train station two minutes away and there are several bus stops close by. Wimbledon StudioThe second studio is located on a retail parade in a bustling shopping area of Wimbledon. This is a great location that receives a generous amount of footfall and passing trade. The property is 5 minutes away from the centre of Wimbledon, Merton, Colliers Wood and Morden are all close by. Again, this property is close to the A24 and A3 and 2 minutes from Wimbledon South tube. This studio is approximately 4 miles away from the Clapham studio.