Franchise Resell Health and Fitness Studio
Price:
Leasehold - £30,000
Business Type:
Entertainment & Leisure businesses
Advent Business Sales is pleased to offer to the market this popular and expanding health and fitness studio.
Founded by the present vendor in March 2007 the studio is only now being reluctantly offered for sale to enable him to expand the overall brand concept.
The studio has several “Power Plate” machines, which were originally developed for Olympic athletes, and cosmonauts, which stimulate the body’s muscles for all over toning. The Narl pads used in the studio are positioned on the body against wherever fat needs to be removed, it is particularly effective on the tummy, thighs and buttocks.
The theme within the studio is for the use of modern equipment and technology to assist customers to attain and then maintain their ideal body tone.
Customers are all within the locality with numbers increasing gradually through word of mouth recommendation and referrals, although it does advertise in local glossy magazines, on the web and via head office special promotions.
Annual fee income is currently in the region of £110,000 + VAT, which should produce an annual net profit of approximately £30,000.
A full overhead budget will be given to interested parties, which does include an annual franchise fee of £5,000, rental of the power plates at a cost of £4,800 and a contribution towards the general marketing cost of the whole franchise of £3,600 per annum.
REF: 9598SW
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
Situated in an upmarket and affluent area of London.
The business has an excellent location in a private mews surrounded by a mixture of residential and commercial properties.
Leasehold
Original lease: TBC
Remaining lease: TBC
Review every: TBC
Rent: £13,440 pa
We are advised that the annual business rates are currently: £4,200 plus £1,892 service charge
Mon to Fri: 8am – 8pm
Sat to Sun: 10am – 2pm
Ground floor premises approximately 660 square feet
• Large studio with power plate machines and other work out space
• Kitchen area
• W.C.
• Freeview TV with a 42” Plasma
There is also an allocated parking space available at an annual cost of £1,000
UK Non-Specific
£ 800,000
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