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BUSINESS REFERENCE : CO061 / RightBiz BEAUTIFUL WEST COAST OF SCOTLAND - £245,000 -SUPERB INDEPENDENTHEALTH & FITNESS CLUB | | | | | | Superb Independent Health & Fitness Club · Comprehensively Equipped Facility · Current Annual Membership Fee Income circa £200,000 Inc. VAT projecting £300,000 in 12 months · High Recurring Income over £10,000 per month cash flow from existing contract members Confidentially offered for sale Ref No:CO061 Location: Beautiful West Coast of Scotland Asking price: £245,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Care | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | ££245000 | | | | | | | | | | | BUSINESS DETAILS: | This excellent facility boasts a massive 3,000 sq ft state of the art gymnasium equipped by Precor, treatment room, dance/fitness studio, sunbed, sauna and steam room and is the ultimate venue for keeping fit and looking good and has earned a reputation for the quality and variety of its facilities, location, instruction, safety and value for money. The spacious gym is always staffed by qualified members of the team.
Facilities include:
· Fully equipped gymnasium
· Beauty consultancy
· Modern sunbeds
· Spa
If a customer is looking for a gym that has it all, then they need look no further. The business offers a wide range of state-of-the-art equipment including treadmills, rowers, bikes and cross trainers, huge range of resistance machines and cardio bikes to help every customer reach their fitness goals and monitor progress at all key stages. Whether looking for a cardiovascular workout, a new body shape with improved muscle tone or enhanced strength for a particular sporting activity, this business caters for all.
Classes include:
· Cardio Cycling
· Bodypump
· Mums & babies
· Pilates
· Circuits
· Cardio Boxing
· Bodycombat
· Fencing
· Yoga
· Tai Chi
This unique business offers customers an opportunity to spend time enjoying a comprehensive health and fitness experience, with members and guests use of the facilities flexibly offered. Discrete areas for retailing branded goods consistent with the theme of the business and refreshments are also offered.
Studio
The studio has been fitted out with a sprung wooden floor and is light and airy. Customers have the choice of over thirty classes a week including fencing, bodypump and Tai Chi all choreographed to music designed to make a workout fun.
Spa
The sumptuous spa area has a fibre-optic light luxury steam room and a large dry sauna where clients can relax. A huge fully featured solarium safely gives client a healthy tan. The latest in beauty treatments are provided from the professional beauty therapists also the sports and aromatherapy massages from the team of four massage therapists.
Reputation/Customer Service:
The Club maintains an excellent reputation for customer care and has made customer service its number one priority. Every member receives continuous support, advice motivation, individualized attention from personal trainers, including free personal training providing valuable, and responsive support, this ensures progress and guaranteed results.
The business considers simply that happy customers come back and on that simple basis has maintained levels of facilities and service quality intended to best guarantee this. The results of this commitment are evident in the degree of return custom.
Key Strengths:
The quality and prominence of the location cannot be overstated along with the quality of the facilities. The business is established and popular with a strong and growing customer base of permanent members.
The company has an outstanding reputation for its service, and highly knowledgeable and experienced staff.
The result of this combination of strengths is a clear competitive advantage.
Growth and Expansion:
This is a great opportunity for new owner to incorporate additional services and further membership from new telephone sales & marketing activities.
The membership fees generated by the club haven't even scratched the surface, it's unlimited, in fact, there are plenty of opportunities that are totally untouched by the present owner, for example, dance, chiropractic services and crèche facilities, etc.
Being a large facility, membership could realistically double and the club would not be crowded.
Employees:
Fully trained staff are employed.
Advertising and Marketing:
The business has used local newspaper and radio advertising combined with leaflet drops which could be combined with special mail-out promotions and there are excellent opportunities to increase these activities and to continue to invest in the club’s website to market the business more aggressively and to significantly increase turnover.
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
Location:
The Club is in an attractive environment based in a major town in the West Coast. A busy working port and thriving community the area boasts one of the most picturesque settings to be found, with a full range of faciliites and attractions, an idyllic place to live and work.
Premises:
The premises are leasehold with rent payable annually of £51,000 and has a further 24 years remaining on a renewable agreement with a ten year break clause. With parking for members, which is easily accessible and close to all the amenities and facilities.
We understand there an option in place to purchase the freehold at a later date.
The site benefits from CCTV security combined with a full alarm system.
Business Hours:
Monday – Friday 7.00 am – 9.00 pm
Saturday –Sunday 8.00 am – 6.00 pm
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The current turnover is circa £200,000 and is forecast to grow to £300,000 within 12 months.
Reason for Sale:
The owners are a husband and wife team who following the successful handover and transfer of the business wish to join their parents abroad in the sun
Support and Training
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CO061 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
