Hilton Smythe is delighted to welcome to the market this popular ladies only gym business, ideally located in the City of Cardiff, Wales.
The business was established in 2007 and has been in our clients’ careful ownership since 2013. Only now is the business being offered to the market due to our clients’ desire to concentrate on other business ventures. The business operates 5½ days per week and generates a turnover in the region of £24,000 per annum, with a good gross profit.
The gym has been recently fully furnished at considerable cost and offers state of the art equipment including 6 toning tables and Crazy Fit massage vibra plate machines. We are advised that there are currently approximately 50 members of the gym.
The business has built up an enviable reputation within the area for the high quality services offered, which has resulted in a loyal client base with a good volume of repeat trade and word of mouth recommendations.
We feel the turnover could be increased by extending the opening hours of the business. There is also scope to offer a gift card service or introduce a loyalty scheme. A new owner could also utilise the beauty rooms by maybe sub-letting them as nail bars or tanning businesses.
This is an excellent opportunity to acquire this ladies only gym business in an ideal trading location; therefore early viewing must come highly recommended to avoid disappointment.
Curve I Cure occupies substantial premises, ideally located within the centre of the City of Cardiff, Wales. The business is surrounded by a wealth of complimentary shops and businesses and benefits from a very high volume of footfall. The business further benefits from good parking facilities within the local area.
Cardiff is the capital and largest city in Wales and the tenth largest city in the United Kingdom. The city is Wales’s chief commercial centre, the base for most of the national cultural and sporting instructions, the Welsh national media and the seat of the National Assembly of Wales. The city is a significant tourist centre and the most popular visitor destination in Wales with approximately 18.3 million visitors in 2010.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. The nearest railway station is approximately one mile away. The area is also well served by the A-roads, with the business being located just off the A469, which links to the national A-road and motorway networks. Caerphilly is approximately 8 miles away and Newport is 12 miles away.
The property is located on the first floor of a modern purpose built shopping centre and briefly comprises:
Large windows and glazed door to front creating a light and airy interior, recently fully refurbished. l shaped bespoke counter, reception area, newly installed high gloss ceramic tiles throughout, suspended ceiling with LED lighting.
Main Gym Area
Good sized room with high gloss floor tiling, perimeter feature mood lighting, 6 toning tables, 3 vibra plate machines, cross trainer with infra-red mirrors to wall. A nice upmarket feel
Kitchen /Staff Room
Range of base units, stainless steel sink and drainer, laminate flooring, glass fronted fridge, silver coloured microwave.
Ladies Changing room
Window to front, customer changing area, separate shower cubicle with electric shower,
WC with white sanitary ware and had wash basin
Our clients have recently purchased two Vacu weight recumbent bikes with infra-red and two Vacu Weight treadmills, these are not included in the sale price but are available by separate negotiation for £5000 if required.
We are advised Leasehold:
Original lease length: 5 years
Remaining lease length: Under 1 year
Review every: 3 years
Rent: £600 per month
There is a new lease to be negotiated for November.
The business is open:
Monday – Friday: 9.00am – 7.00pm
Saturday: 9.00am – 2.00pm
The business is owner run and managed with 2 x casual staff members.
The business generates a turnover in the region of £24,000 per annum, with a good gross profit.
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