Reason for Selling:

The vendor has other business interests.

Overview of the Business:

An outstanding opportunity to acquire a truly unique and highly profitable 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 has been trading for 4 years and 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 1800 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. The club is located in a very accessible location close to the town . It has good signage and good access with the bonus of ample parking. The health club itself is circa 3200 square feet and is divided into the following areas: 1. Reception – with a seated area to relax and have a drink after a workout. 2. Main Gym. 3. Toilets. 4. Assessment Room. 5. Staff kitchen.

Property Features and Assets:

The premises are 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 £17,000. All services are connected to the building. Circa 3,200 square feet.

Market Competition and Expansion:

The business advertises in local papers and local magazines as well as undertaking street canvassing, which is highly effective. 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: