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My Gym Franchise in South West London - Stellar Reputation, 4 Revenue Sources, 3,700 sq.ft Venue

Undisclosed, London
My Gym Franchise based in South West London Photo 1
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My Gym Franchise based in South West London
  • Status

    FOR SALE

  • Date Submitted:

    13/03/23

  • Advert ID

    509782

  • Reference

    RB079 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £100,000
  • Rent: £74,500
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Prime Location
  • Attractive Business
  • Established Business
  • Fully Fitted
  • Unique Business
  • Accounts Available
  • Close to Local Amenities
  • Town Centre location
  • Price Reduced
  • Offers Invited

Business Details

My Gym Franchise based in South West London

Franchise Resales are thrilled to present for sale this well-established My Gym franchise based in South West London, it boasts a stellar reputation within the community reflected by an average rating of 4.9 on Google. My Gym is the Global leader in Children’s Classes with over 40 years experience in 600 locations in 30 countries.

This resale is the perfect opportunity to join the leading brand at a fantastic price! The current franchisee opened the business just before the Covid-19 pandemic in November 2019 and is now breaking-even. The business model has 4 primary sources of revenue which consist of structured, age-appropriate classes (baby, toddler gym, gymnastics, fitness, dance, Ninja) for ages 3 months to 10 years, Birthday Parties, Camps and Special Events. Secondary sources of income vary from retail items, snacks/drinks, open stay & play sessions, and subletting the classroom when not being used.

The gym is located in a purpose built 3,700 sq.ft  state-of-the-art venue, in an affluent family populated area. It boasts a 2,700 sq.ft play space, spacious lobby, separate classroom/party room, large store room and two toilets. It has had an internal fit out costing £115k and the equipment cost £35k.

As a management franchise, no experience in the sector is necessary. If you have a strong business acumen, management skills and want to make a tangible, positive impact to the lives of thousands of children; then this is the perfect resale opportunity for you!

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'My Gym Franchise based in South West London - RB079 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.