Gyms for sale in Morpeth

View the "Award Winning Personal Training and Fitness Studio" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Award Winning Personal Training and Fitness Studio

Morpeth, Northumberland, England

  • Leasehold Price: £68,950
  • Annual Turnover: £71,134
  • Annual Gross Profit: £44,000
  • Annual Net Profit: £9,245
Seller Reference: 121
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Business Description
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Seller Reference: 121
Request Details
Business Description
This is a unique opportunity to acquire a specialist Personal Training and Fitness Studio in Morpeth.
The business is dedicated to promoting healthy lifestyles and positive well-being to their loyal customer base by offering a different workout experience to that of traditional gyms in the area. The business offers their clients a wide range of personal training and fitness classes, which are tailored on an individual basis. The premises have been renovated to an exceptionally high standard throughout and can boast the latest cardio and resistance equipment.

• Excellent Reputation in their industry and local community
• Award Winning Business
• High Quality Fitness Machinery and equipment included in sales
• Asset Value - £30,000 + (3 x Power Plates, Dual Palley Multi Gym, Rowing Machine, 13 Pulse Spin Bikes, Mats and other accessories)
• High Quality Premises renovated to an exceptionally standard throughout.
• Skilled/Reliable Staff
• Varied Clientele
• Loyal Customer base
• 150-200 Active Members currently
• Strong Social Media Presence
• Excellent Brand in Place
• Minimal Overheads
• Minimal Competition from Similar businesses.
• High Turnover - £71,134
• High Adjusted Net Profit - £20,000 (approx.)
• Substantial Growth on an annual basis since they began trading
• Full (minimal)Training and Transitional Period given by current owners.
• The business is positioned for further growth and success

It is with a heavy heart that the current vendor is selling this business to focus on other business interests. This represents an excellent opportunity for an entrepreneur with a passion for health and fitness. We highly recommend a viewing of the business to fully appreciate what is on offer and to avoid missing out on this unique opportunity.
Support and Training:
Full Training and Support to be Given
Location Details:
High Footfall Location in the centre of Affluent Town
Listed by:
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