Gyms for sale in Hyde

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Established Fitness Club & Boxing Gym- Hyde

Hyde, Greater Manchester, England

  • Leasehold Price: £134,995  Price Reduced arrow_drop_down
  • Annual Turnover: £241,588
  • Annual Gross Profit: £222,157
Seller Reference: 7076
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Business Description
 
 
 
 
 
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Seller Reference: 7076
Request Details
Business Description
Located In Hyde Town Centre
Annual Turnover £241,588
Gross Profit £222,157
Further Financial Info Available After Viewing
Established Brand Name
Management In Place
Database Of 1,200 Members
Large Free Car Park For 60 Vehicles
Exceptional Reputation
Scope For Longer Opening
Potential To Introduce More Classes
EPC – C
REF 7076 – Leasehold Gym & Boxing Gym

Blacks Brokers are pleased to bring to the market this leasehold gym and boxing gym offering unique marketing opportunities with a local high profile name located close to the centre of Hyde, Greater Manchester.

INTRODUCTION

Energie Fitness was established by our client in this busy area of Hyde in 2018, previously trading as “Hatton Health and Fitness” from 2008. The business offers a range of fitness programmes, support and freestyle training with the help of professional and well trained staff. It is very well known in this area and has a strong base of 1,200 regular customers in place; most of whom pay by direct debit. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. Energie Fitness also has a comprehensive website in place.

LOCATION

Energie Fitness occupies a main road trading position in Hyde town centre. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Morrisons and B&M Home Stores. Hyde United Football Club and Hyde Park are also nearby. The area is well linked by the M67 with very strong public transport links and parking is available immediately outside the building.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator but due to our client’s other business commitments, the business is mainly managed by staff and is therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a fifteen year lease which began in 2019 at a cost of £961 per week.

STAFF

The business operates with ten members of staff in employment, this includes a salaried general manager as well as personal trainers and sales staff. Our client is not currently involved in the day to day management of the gym.

FINANCIAL DETAILS

Energie Fitness has traded solidly since opening and our client has established a strong repeat customer base. We are advised that the business has annual turnover of £241,588 and gross profit of £222,157. Full financial information is available upon request.

BUSINESS RATES

The business rates payable are £24,059 per annum. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This well known and highly reputable business occupies an enviable trading position in a popular and busy area of Hyde. Our client has secured a strong customer base. There is plenty of scope to develop the business further with the introduction of new fitness classes and longer weekend opening. The introduction of a hands on owner operator or operating team would reduce staffing costs significantly. This proposition would therefore ideally suit an owner operating team able to push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Fixtures:
Free Weights

Treadmills

Deadmill

Row Machines

Bikes

Spin Bikes

Cross Trainers

Leg Weight Machines i.e. Leg Press Machines, Leg Abductor Machines, Leg Raises Frame, etc.

Arm Weight Machines i.e. Bicep Curl Machine, Triceps Extension Machine, etc.

Punch Bags

Boxing Gloves & Pads

Boxing Rings

Benches

Medicine Balls

TRX Ropes

And Much More....
Trading hours:
MON - FRI: 06:30 - 22:00
SAT & SUN: 09:00 - 17:00
Tenure:
Leasehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
Energie Fitness operates from a large and imposing property on a busy main road junction. The business has large branding and signage on display to the front and side of the property. Inside, the main gym is a large, open plan space fitted with state of the art equipment. There are also two large fitness studios used for classes with spin bikes, both male and female changing areas with saunas, toilet facilities and a welcoming reception area. All areas are presented very well.

FRANCHISE
The business is part of the Energie Fitness Franchise offering unique marketing opportunities with a local high profile name A new owner would be offered the opportunity to set up a new franchise agreement. All franchise costs can be made available with the accounts after viewing.
Location Details:
Hyde
Leasehold Term:
£961 Per Week
Listed by:
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