Having acquired the business several years back the owners have now attracted new customers, increased sales, profitability and social media presence.
With a database of over 12000 email addresses and over 120 current customers in the area paying approximatly £65+ per month for hire of equipment. Collection of sales via merchant bank account.
Normally 3 month minimum hire period and rolling there after until 1 months written cancelation notice.
Equipment is a combination of own branded from China and is of very high spec. mainly own branded from China and of very high spec. Potential to franchise this business as all agreements in place (one franchisee all ready trading) Hire split, 50% treadmills, 30% cross trainer, 20% rowers, bikes and other.
Delivers to a 2 hour mile radius of business. All services of equipment completed in transit, so little holding stock.