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Reference M5940
Turnover £ 6,250
Price
£225,000
Well Fitted Gym (franchise)
MEMBERS: 860 (80% Contract)
FIRST FLOOR PREMISES in the region of 5,750 ft² with fluorescent lighting, Air conditioning with hot air, Reception desk, computer, fob / app entry for member with camera detection, vending machine.
Private Changing rooms with shower, toilet and hair dryer
Large fully equiped Gym.
Studio Room for Classes
Back office / Stock room / Staff room
Members: 860 ( 80% contract)
We are informed the sales average £325,000 p.a. Mainly secured monthly Direct debit income
The business is at present operated by 2 full time staff, 3 self employed trainers, contract cleaner and security company.
24 x 7
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £72,000 p.a. +VAT
Business Rates from April 2026 £23,500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 112,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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