This is a franchise of a major international brand (over 400 studios in 20 countries) with its head office in Dubai. The management company handles the recruitment and training of instructors, while the owner’s role in Tbilisi involves organizing the work of administrators and scheduling classes.
The studio has been operating since March 2023 and offers guests a variety of classes: classical choreography, strength training, stretching, and Pilates.
▪️ Operates under a 1% Individual Entrepreneur Tax system
The studio employs 4 instructors and 2 administrators. Currently, it has 116 active memberships, with a total client base of around 2,500 since its opening. The studio is fully equipped with necessary equipment valued at approximately 14,000 GEL.
Financial Highlights: ▪️ Annual Revenue: 166,700 GEL ▪️ Annual Net Profit: 19,745 GEL
Project Price: 57,000 GEL ($21,000 USD), offered for sale due to the owner’s relocation.
For more information, please contact: +995 555 585 796
City: Tbilisi
Location: Saburtalo, Technical University Metro Station
Area: 72 sq.m.
Operates: since 2023
Rent: 700 USD
Utilities: 250 GEL
Lease agreement: 11-month contract with renewal option