In 2015, Wayne and Stephen had stopped growing. They had accumulated over $120,000 in debt from a remodel of their facility and felt completely overwhelmed. They reached out to NPE to get support with establishing a strategy and plan to improve profitability, grow revenue, and improve cash flow to improve the financial health of their business. But they weren’t new to facing and overcoming adversity.
Former investment bankers from Dublin, Ireland, Wayne and Stephen immigrated to the USA by taking advantage of a unique opportunity to open a new studio for an Irish company. After falling in love with California and growing the new studio to great success, they left their jobs to open The Training Loft in their home garage in West Hollywood, California. Within a few months they received a notice from their home owners association to ‘cease and desist’ running a business out of their home. Three days later they had researched and found a commercial location, negotiated a lease, and opened their studio to begin their next adventure. Since joining NPE in 2015, they’ve grown their studio to a high six figure income (approaching seven), gotten debt free, and are now preparing to open location #2.
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