The Business is a firmly established concern and has traded for over 35 years, strategically situated via its franchised clubs throughout the UK and in 9 other international territories. The Business has a management office in London but activities for members are managed by franchisees and their individual clubs.
Activities for members include regular dance club events & classes held at popular venues on a weekly basis, as well as seasonal residential multi-day events in regional UK resorts and popular international cruise ship vacations.
Customers are members, those attending an event are required to be a member, this means everyone needs to complete a membership form and pay a nominal sum for life membership. All members details are then recorded on a bespoke database.
The fitness, social and health benefits of dance are at the heart of the business’ success, with classes offering a real alternative to other membership activities for firness, such as the gym. For many members, the weekly class or event represents the focus of their social life.
Since its founding the business has grown year on year and is considered to be the pre-eminent club of its sort in the country. Over £TBC in revenues in 2017 and consistently, highly profitable; this represents a clear opportunity for any acquirer to build on what is already a successful and proven model that has established itself indelibly in the UK and is ready for further extension into continental Europe via clubs, vacations and further merchandising activities.
The business is very well known and is trademarked with international domain protection and monitored and managed renewals.
The management office in London is circa 3,000 square feet and is owned by the company; the premises are not for sale but a new lease can be arranged.
The Vendor is willing to offer a Rent Free period of up to one year.