Gyms for sale in London

View the "Boutique High Intensity Physical Fitness Studio" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Beverley Iles (September 2016)
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Leasehold Price: £275,000 Annual Turnover: £440,000 Annual Gross Profit: £130,000 Annual Net Profit: £100,000
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Business Description
This is an excellent opportunity to purchase a high end boutique gym/physical fitness centre based in the City of London.

The vendor created this high intensity interval training (HIIT) centre in 2014, obtaining approval from a main city landlord. The premises were completely refurbished and fitted out to an exacting high standard. This concept training facility is unique to the area and offers various gym equipment with £140,000 having been spent on running machines alone. HIIT has become a popular way to burn more fat and is a training method that is effective for many people. Results can be achieved spending less time in the gym with great results, a great recipe for working people.

Based in the city the studio now attracts in excess of 800 clients per week for training classes or personal fitness sessions on a pay as you go concept. The target market being city workers who can train before work, during lunch or after the working day.
Trading Hours:
Open 7 days per week

Mon, Tues, Wed 6am - 9.30pm

Thurs, Fri 6am - 8.30pm

Sat, Sun 9.30am - 1pm

Number of Employees:
The owner employs qualified and professional instructors. Two are full time and one part time.

Tenure: Leasehold

The business has a professional website where classes can easily be booked on line and uses popular social media sites.

Support & Training:
The vendor is happy to provide support and training for the new owners, if required.

Location Details:
Location is the key word here. Situated on a lower level in an office building in the middle of the city, this high intensity fitness centre attracts many city workers. Investment has been made on fitting the centre out to a very high standard as would be expected for the location.

The centre is secured with an alarm and CCTV installed.

Leasehold Term:
The premises are leasehold for 10 years with a 5 year break clause. Annual rent is £45,000 per annum.

Listed by: Turner Butler
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