EXCELLENT GYMNASIUM/FITNESS STUDIO - DYFED
Price:
Leasehold - £65,000
Business Type:
Entertainment & Leisure businesses
EXCELLENT GYMNASIUM/FITNESS STUDIO - DYFED
Advised turnover £70,000pa with good profit returns
Very well equipped and well presented business
Situated in a highly desirable coastal location
Early interest is highly recommended
Ideal lifestyle change opportunity
Scope for further development
Genuine reason for sale
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this exceptional ladies fitness studio and gymnasium which was first established by our clients in 2006 and are only now placing it onto the market due to their growing family commitments. The business which is run and managed by our clients with the assistance of staff achieves a very respectful advised annual turnover of £70,000 derived from membership fees from contracted customers. The studio offers a secure and private place where ladies can exercise with a wide variety of resistance style equipment. The gym has 12 stations, each with its own hydraulic resistance equipment. There is also a large range of fitness aids including gym balls, resistance bands, free weights and hoops. The gym currently has approximately 150 members who are on a range of 3, 6 or 12 month contracts. The business also offers a block session purchase facility when visitors can acquire 12-25 sessions for a set fee. There is also a sub let treatment room which has regular use from dietary experts, complimentary therapies and a sunbed on a 50/50 profit share which gives the business an additional revenue stream. The gym has always enjoyed excellent levels of repeat trade and new visitors appear regularly provided from good word of mouth recommendations and from the highly visible trading location. The studio is very well presented throughout and all equipment is included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel this business provides a new owner with an excellent base to build upon and we urge early interest in this successful ladies gymnasium.
Leasehold
Original length: 10 years
Remaining: 7 years
Review: 3,5,7 years
Rent: £750pcm
Monday to Friday: 7:15am - 7:30pm
Saturday: 8:30am - 12:00pm
Sunday: Closed
North Yorkshire
£ 750,000
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