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Profitable, first class Gym with large membership in Lincolnshire

  • Leasehold Price: Offers Invited
Seller Reference: 622
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Business Description
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Seller Reference: 622
Request Details
Business Description
Commercial Road invite offers for a growth orientated, award-winning, profitable and successful Gym, situated in a popular residential are of Lincoln, which offers a first-class fitness experience for its large membership, supported by professional personal trainers.
The Gym is fitted with the quality equipment and is presented as a profitable business which offers the new owner the opportunity to take an income from the business from day one.
Fortunately, the business also benefits from the credibility of national branding as it is a top performing franchise which forms part of a well-regarded network of Gyms UK wide.
The 7,500 square feet the site the Gym sits upon is very close to a large residential area and planning permission has already been given for a further 200 homes to be built within walking distance of this very impressive Gym.
In addition, a neighbour of the Gym is a Starbucks drive through business, which generates further volume passing trade and a large car park, offering at least 40 parking places, is on site.
Social media marketing and an impressive website helps the business to grow its valuable membership which reached more than 2000 pre the covid pandemic and aims to reach even greater heights when it offers 24-hour opening to its valuable members in the weeks ahead.
The Gym supports the careers of 3 Fitness Instructors a Sales Manager and 4 Self Employed Personal Trainers at present and the owner intends to employ a full time manager in the near future in order to be able to take a back seat, where possible, prior to sale.
This business is prime for acquisition and the owner is prepared to offer post sale transitional support of up to 4 months, if required.
Tenure: Leasehold – 9 years remaining.
EPC Yes. Grade: TBC

Please contact the Commercial Road team for further details or to arrange a viewing.

IMPORTANT NOTES: These particulars do not constitute an offer, neither should they be relied upon as statements or representations of the fact or warranties of any kind. All interested parties must satisfy themselves, by investigation and due diligence activities, prior inspection and or formal entry before contact with their solicitor. Neither we, nor our principals, accept any responsibility whatever in respect of these particulars, which are simply offered as a general indication to persons who may be interested.

Viewings and negotiations are to be conducted STRICTLY through Commercial Road Limited. NO DIRECT APPROACH is to be made to the business under any circumstances.
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