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Further Reduced ESTABLISHED LADIES-ONLY GYM

Price:
Leasehold - £19,950
Seller Ref:
trb.1431
Location:

Warwickshire , West Midlands

Business Type:

Entertainment & Leisure businesses

See Other:
Gyms for sale in Warwickshire
Entertainment & leisure businesses for sale in Warwickshire
Description:
THE BUSINESS:
The Business Partnership are pleased to be marketing this Ladies Gym as follows:
Re-advertised due to a sale not progressing and subsequently greatly reduced as must sell due to illness.

Independently owned Ladies gym, highly suitable for mixed use, established 6 years. Ground floor town centre location. 2,000 sq ft over 2 rooms. Extensive range of top quality resistance and cardio equipment.

2 years left on lease (£20.000 pa) but landlord happy to extend on current terms or grant a new lease (landlord likely to come down significantly in price as it was set at the height of the boom years for property rentals).

2 treatment rooms (one let for the past 3 years to a beautician) and offices.

Currently run by 2 part time staff; owner only works 15 hrs per week. Excellent opportunity for hands-on owner-manager to build on this successful business.

Some competition from Curves-type circuits, but it is the only ladies gym on the ground floor, with a full range of cardio equipment and no time-limit on visits, all of which makes it a popular venue for all ages..

Great potential, with extra income when second room is let, and room for additional services and retail.

Price: Offers in the region of £19,950. (Equipment - in excellent condition - valued at £25,000, cost when new £50,000)

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