Our pilates studio has been established over a 20 year period of building a high level clientele throughout San Francisco. When we opened the doors in this beautiful tree- lined area the neighbors were thrilled to be adding a Pilates and Wellness center to the already established residential and retail area. We have been a thriving business for almost 6 years and still has incredible growth potential. The neighborhood greatly supports the studio and clients typically live within a few blocks of the studio or have been referred from current studio clients and travel to our location.
Client retention has remained very high with a drop rate of only 1% a year due to clients relocating to a new city or unforeseen schedule changes. There has also been a consistent increase in clientele with an average of 1 new client per month since we opened. Most clients have been with the studio since the very beginning and continue to attend 2 to 3 private sessions a week with continuous packages being renewed.
There are currently two independent contractors who see clients at the studio and two substitute independent contractors. The consist number of clients who attend private sessions a few times a week at the studio would be 30/35, with another 10-15 who add during the year when they are in town. Between January 1, 2018 to December 31st, 2018 there were 958 private sessions conducted at the studio.
Our pilates studio is in such a desirable location that clientele will never be an issue. The potential for growth is tremendous and the neighborhood clients are very loyal and want to continue to support a small business. It is also a very fortunate opportunity to be able to continue the lease with the landlord at such a reasonable rate in San Francisco.
We offer endless potential for a new owner who is dedicated, driven and enjoys working with friendly clientele. The potential for growing the client base and increasing the revenue is tremendous. This studio is a gem because of its location, client base, established independent contractors and solid foundation.