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BUSINESS REFERENCE : 10214 / RightBiz LEASEHOLD HEALTH & FITNESS CLUB FOR SALE IN GWENT | | | | | | Health & Fitness Club Gwent T/O: £60,300 GP: 97% Well established and highly regarded business. Sought after main road trading position. Membership growing steadily. Well equipped gymnasium. Scope to develop further. Leasehold: £99,000 + SAV | | | BUSINESS LOCATION: | Undisclosed Gwent UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Health & Fitness Centres | | SALE: | Agent Sale | LEASEHOLD: | £99,000 + SAV | ANNUAL RENT: | £9600 | | | | | | | | | | | BUSINESS DETAILS: | This well established and modern health and fitness club is located on a busy main road, in a very popular market town, and enjoys a high degree of passing trade. The town, which is located in the county of Gwent, enjoys a thriving market on Tuesdays and Saturdays, along with a traditional cattle market. The town is on a major trunk road providing easy access to the surrounding areas and the major cities of Newport, Cardiff and Bristol. The population is currently approximately 14,000 and is growing rapidly with several new large developments.
Bag A Business is delighted to offer sale for sale this well-established health and fitness club. The business was established by our client in 2005 and offers free induction with six weekly personalised programmes, the latest Techno gym equipment, vertical sun shower and a warm and relaxed atmosphere. Membership is growing year-on-year and currently stands at 260, the majority of whom are on monthly standing orders. Annual turnover is currently in the region of £60,300 producing a gross profit of 97.18%. The business is mainly staff run as our client has to concentrate on his other business interests. The gym is modern and well equipped providing new owners an excellent base from which to expand. This is a wonderful opportunity to acquire a thriving business with great scope to increase trade and as such we would strongly recommend early discussions with Bag A Business.
PROPERTY DETAILS
A ground floor, lock up property with a wide and attractive frontage.
GROUND FLOOR
Reception area with desk, membership computer with a swipe card system, bottle display chiller, soft drink vending machine and members computer with Internet service.
Main gym area with the following equipment;
Various plasma TV screens, large mirrors and sound system
5 Techno Gym 700E bikes with TV screens and heart monitors
2 Techno Gym treadmills
Arm curl
Leg curl.
Leg extension
2 Ab ducters
Press
Squat rack
Olympic incline bench
Rowing machine
Weight training area with various sets of dumb-bells
Ladies' changing rooms with shower, W/C and sink
Gents' changing rooms with shower, W/C and sink
Separate room housing vertical Sunshower machine.
EXTERNAL
Large forecourt with parking for 10 cars
OPENING HOURS
Mon - Fri: 10.00am - 9.00pm
Sat: 9.00am - 1.00pm
Sun: 10.00am - 2.00pm
FINANCIAL DETAIL
W/T: £1,160 approx
GP: 97%
TENURE
Leasehold
Original length: 8 years
Remaining length: 5 years
Review every: 3 years
Rent: £9,600 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10214 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
