Gyms for sale in Birmingham

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Two very well known 24 hour gyms, over 2,000 members T/0 500k

Birmingham, West Midlands, England

  • Leasehold Price: 800k
  • Annual Turnover: £500,000
Seller Reference: PAX01314564252
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Business Description
Two very well known 24 hour gyms, over 2,000 members  T/0 500k
Seller Reference: PAX01314564252
Request Details
Business Description
Two very well known gyms are being tentatively placed on the market subject to the right offer.

Owner operated along with a team of very well known staff in the industry the gyms continue to grow year on year. Both gyms offer 24/7 - 365 access and benefit from a combined membership of over 2,000 with 1,900 on contracted direct debit.

The company benefits rom the rare position of having no loans and owns every piece of equipment (over 200 pieces) at both sites. All access systems are also paid for, this really is a rare opportunity to acquire two gyms that are continuing to grow.

Due to the very prominent nationwide social media pages and calibre of athletes at the gyms the owner is requesting discretion regarding any communications however is more than happy to show any serious enquiries around both sites and display financials.

The owner has not displayed any pictures as the gyms are instantly recognisable.

Site 1 = 7,000 sqf
Site 2 = 7,000 sqf

Strong financials turning over 500k per annum with scope to add another 100k with minimal change.

Site 1 benefits from being in phase 1 of 1500 new builds on its plot and 4,000 employees on the business park.

The flagship has also won gym of the year at the National fitness awards.

All equipment, fixtures, fittings, stock etc is included in the price. Only for sale as the owner is now looking to retire overseas.
Tenure:
Leasehold
Support and Training:
Full training on systems will be provided. Full team of expert staff come with the business.
Location Details:
Two sites benefiting from superb locations in staffordshire.
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