TL;DR
Jon left his family business in 2016 to invest in Club Pilates and now owns 48 studios across three states. He recently partnered with private equity to scale towards 100 locations.
In 2016, Jon left a secure family business to invest in a then-emerging boutique fitness concept: Club Pilates.
Less than a decade later, he owns 48 studios across three states and recently partnered with private equity to scale toward 100 locations.
The early unit economics of Club Pilates
How his first studio became cash-flow positive in under two months
Labor, rent, and margin targets inside a boutique fitness model
The operational realities of scaling to 24+ units
Why debt became harder to secure — and what triggered the private equity decision
How franchise consolidation works in fragmented systems
What private equity actually changes inside a growing business
This conversation is a deep dive into franchise scaling, capital strategy, and disciplined growth in brick-and-mortar businesses.
In this story
This story was originally published by Patrick Buckley in Empires Weekly on February 19, 2026. Burnaze summarizes and links to the original reporting.
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