Gyms for sale in Lowestoft

View the "Well Equipped Gym in Good Location" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I sold my business through Daltons. We had so many enquiries; It’s definitely the best place to sell a business. 

Sarah Hughes (August2016)
View More
Leasehold Price: £38,000 Turnover: £31,370
Request Details
Business Description
BUSINESS
Hilton Smythe welcomes to the market Gun Club Gym Lowestoft Ltd which was established three years ago and is being sold as the current owner is unable to keep up with the running of the business as it has grown dramatically and the owner has a full time position elsewhere.

Gun Club Gym is the only strength gym based in the Lowestoft area and has a growing customer base of circa 200 currently. There is a 4.7/5 rating on Facebook and the company is being sold with the Facebook site, Instagram site and the company website being www.gunclubgymlowestoft.co.uk.

Currently the members gain access to the gym via an entry code system as the gym is run remotely.  

However, the business could be grown by adding an instructor or looking at the competitive price structure which is currently:-

3 day pass for £13.00

Annual pass £135.00

Monthly £17.99 plus £25.99 sign up fee

Or £7.50 monthly plus £52.00 sign up fee with no contract

Hilton Smythe highly advise early viewing to avoid disappointment.

LOCATION
Gun Club Gym is located in Lowestoft within Suffolk on the Lowestoft Enterprise Park with several other businesses including a dance studio and is located just outside the town centre.

There is parking for several cars directly outside the gym itself.

The area is served by the A146 and A12, with the nearest train station at Oulton Broad South.

PREMISES
To the front of the property there are several car parking spaces and the building is accessed via the entrance door using the Paxton keypad entry system. There is also a roller door giving full ventilation.

The floor space is dedicated to the gym with a small area off for the cold/energy drinks machine, which is owned outright by the club. This area also gives access to the his/hers toilet.

The gym has four full length mirrors and comes with the following equipment, which are all owned outright.

1 x treadmill

1 x rower

Dumb bells and racks, the dumb bells range from 2.5kg – 50kg in 2,5 increments

3 x adjustable benches

1 x preacher curl

1 x cable cross over

1 x T bar row

1 x leg press

1 x hack squat

1 x shoulder press

1 x mid row

1 x pull down

1 x low row

1 x chest press

1 x smiths machine

1 x bench press

1 x Hammer Strength shoulder press

1 x bicep curl

1 x tricep push down

1 x ab crunch machine

1 x leg extension

1 x hamstring bench

3 x Olympic bars

1 x squat bar

1 x hex bar

1 x tricepbar

1 x EZ curl bar

1 tonne of Olympus weights

Various cable attachments

Various safety clips

Cold drinks machine

TV

Hifi system

Acer laptop

CCTV system

Yale security system

Paxton net to anywhere door entry system

Weight lifting flooring

 

TENURE
We are advised the business is being sold as a leasehold business opportunity.

Original lease length: 5 years from February 2017

Rent: £9600 plus VAT per annum.

HOURS
The gym is open 24 hours a day, 365 days of the year.

STAFF
The business is run and managed by our client.

FINANCIAL PROFILE
Gun Club Gym generated an advised turnover of circa £31,370 for the rolling year ending July 2017.



Tenure: Leasehold

Listed by: Hilton Smythe
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

13952 G
Seller Reference:
Bookmark and Share
You May Also Like...
loading...