Intelligent Business Transfer are delighted to bring to the market this brilliant opportunity to purchase a well-equipped Gym in Tamworth.
The Fitt Hub has been trading since 2011 and within this time has built up a great reputation within the local community. The popularity of the business can be reflected in the financial figures of the business and the 1,500 ‘likes’ on their Facebook page. The Gym is unique in the fact that it caters for Male and Female Clients and for a range of different training purposes. The current members are contracted members so this offers secure and guaranteed income.
The business also has several different revenue sources such as the rental income provided by the beauty salon, which also contains 2 sunbeds which are widely used by the the local workers of the industrial estate and members alike, and tattoo studio, plus the sale of merchandise and supplements.
A potential buyer could further increase the sales revenue of the business by increasing the level of advertising currently being done by the current owners. If this were to be done along with a price increase on the current membership fees, the sales revenue of the business could be increased significantly.
The turnover of the business is in the region of £140,000 with an impressive adjusted net profit figure.
It is with much regret that the current vendor is willing to sell the business due to relocation. This business would suit an entrepreneur with a passion for health and fitness who could manage this busy Gym and help it reach its full potential.
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