Reason for Selling:

The vendor has other business interests

Overview of the Business:

An outstanding opportunity to acquire a truly unique and highly proftable ladies-only 30 minute circuit health and fitness club with the added advantage of national branding and head office support. This established ladies-only gym offers 30 minute circuit sessions with VIP treatment for all its members whatever their age and levels of ability. The gym has members who range in age from 15-86 years. The club currently has an active membership or circa 700 and this continues to grow month on month , as do sales revenues and profitability. Attrition rate is low such are the service levels and successes members enjoy.

Property Features and Assets:

The premises are full of character and beautifully appointed and highly accessible. They are leasehold. Current lease is a 10 year one with a 5 year break. The current rent is circa £25,000. All services are connected to the building.

Market Competition and Expansion:

The business advertises in local papers and local magazines as well as undertaking street canvassing, which is highly effective. This gym has also built relationships with some key retailers in the city by offering free health checks and trials to their customers as incentives. In addition to this the business benefits from the franchisors’ website and marketing campaigns which include the provision of company brochures, posters, etc

Additional Details: