Established My Gym Franchise based in South London

  • Leasehold Price: £250,000
  • Annual Turnover: £280,000
South London, London, England
Seller Ref:DAL106
For Sale

Established My Gym Franchise based in South London

South London, London, England
Seller Ref:DAL106
  • Leasehold Price: £250,000
  • Annual Turnover: £280,000

Description

Franchise Resales offers a fantastic opportunity to acquire an established My Gym franchise in South London with a stellar reputation, supported by 230+ Google reviews averaging 4.9 stars. My Gym, a global leader in children’s classes with 40+ years of experience across 600 locations in 30 countries, presents a unique chance to join a leading brand at an attractive price.

The current franchisee established this resale in November 2017 and currently generates monthly profits ranging from £2,000 to £10,000. Membership fees range from £49 to £69 every four weeks, with 285 current members, and the potential to grow to 400-500 members for increased profits. The business model derives revenue from structured age-appropriate classes, birthday parties, camps, and special events. Birthday parties start at £299, averaging £376 per party in 2022. Camps and special events contribute an additional £1,100 per month. Secondary income sources include retail items, snacks/drinks, open stay & play sessions, and classroom subletting.

The gym features an £81,000 internal fit-out, including carpeting, laminate flooring, air conditioning, CCTV, fire alarms, and more. Equipment worth £35,000 covers swings, zip wires, trampolines, climbing frames, and various play items.

The franchise fee provides access to weekly programming, graphic design support, website, and ongoing assistance from the franchisor, making it an excellent opportunity for individuals with strong business acumen and management skills.

This resale offers a chance to positively impact the lives of children without requiring prior sector experience, making it an ideal opportunity for potential owners.

Trading Hours:
09:00 - 18:00 every day apart from Wednesday.
Number of Employees:
9
Support and Training:
Full Support and Training will be provided
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://www.franchiseresales.co.uk/prospectus/my-gym/

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