This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria

  • Leasehold Price: £45,000
  • Annual Net Profit: £16,012
  • Annual Turnover: £36,718
Penrith, Cumbria, England
Seller Ref:526
For Sale

This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria

Penrith, Cumbria, England
Seller Ref:526
  • Leasehold Price: £45,000
  • Annual Net Profit: £16,012
  • Annual Turnover: £36,718

Overview

Seller Ref: 526

Description

This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria. The business is available on a leasehold basis.
The business operates as an alternative gym where clients can experience the joy of exercise at their own pace. No matter of age and physical abilities, they will help to improve health & fitness, lose weight, reduce aches and pains, and feel great. This gym is not like most traditional gyms in that they have a wide variety of technologies, in sessions that are just 30 minutes long, and get fantastic results in a very enjoyable way. Along with power assisted exercise equipment, they also have some sophisticated pieces to support and nurture wellbeing such as a Thermal Wellness Pod, Spa Capsule, Vibrogym Evolution Vibration Plates and a Lumi 8 LED facial lights machine. They help their clients exercise and build their fitness in a supported and assisted manner to help with mobility, ease of movement, improved posture and gain fitness after illness or injury. They typically aim to create a comfortable and supportive environment for men and women of all ages and fitness levels to pursue their health, fitness, and wellbeing goals.
The business has been established since 2010 and has seen a steady increase of its members amongst the local community since then. They currently have many active members who use the business on a regular basis and have a high attendance and retention rate due to the quality of service and the quality and effectiveness of their facilities.
The gym has been renovated to a very high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures, fittings and sophisticated (gym) equipment and machinery.
• Excellent reputation
• Loyal customer base
• Excellent transport links
• Quality premises renovated to a high standard
• Gym set in a busy location
• Minimal competition in the area
• Minimal overheads
• Turnover – £36,718
• Professional website
• Huge potential for further growth
• Nearby parking
It is with a heavy heart that the current vendor is selling the business due to personal reasons. This represents an excellent opportunity for an entrepreneur looking for an established business in the health and fitness sector or a corporate chain looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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

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