| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 264,224 TIME(S)
BUSINESS REFERENCE : IO016 / RightBiz GYM EQUIPMENT | | | | | | Gym Equipment On-line Retailer Confidentially offered for sale Ref No: IO016 Location: Fully Re-locatable Asking price: £160,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Health & Fitness Centres | | SALE: | Agent Sale | LEASEHOLD: | £160000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Established in July 1996, this company has fast become one of the leading online retailers of a vast selection of gym equipment including gym systems, free weight and powerline equipment.
The excellent website has a name that is easy to recall and has been designed for ease of use, making purchasing products easy and enjoyable. The website offers a huge selection of popular brand names and is fully secure, giving customers total peace of mind. The site is divided into separate categories, with an easy search and find facility and the selection of equipment available is regularly updated. Internet sales is a convenient way of placing an order at home or at work, 24 hours a day, 7 days a week.
Equipment
The business uses full state of the art computer systems with all clients details held on a comprehensive database.
Customer Service:
This is a successful expanding business and its excellent customer service has ensured this success.
The business has a large database of clients, many of whom are repeat customers. This loyal database has been achieved by word of mouth recommendations from previous customers.
The business fully understands that in order to stay ahead they need to continue to exceed the expectations of their customers in terms of product quality, price and customer service.
Key Strengths:
The extensive professional website displays these products in a stylish and tasteful way, it has a secure on-line payment and ordering system and accepts payments by all major credit/debit cards.
This business has built upon its excellent reputation leveraging its customer relationships to generate on going sales.
There is a consistently high standard of service and customers can purchase across a huge range of products, achieving good average spend, high levels of repeat custom and strong word of mouth recommendation.
Growth and Expansion:
The current market for this business is stable and is forecast in the near and longer term for significant growth. With a dedicated marketing strategy put in place the business will be well positioned to take maximum advantage of this growth as it occurs.
Key Opportunities:
Although the business benefits from a fantastic amount of custom there is still plenty of scope to further the product range and expand the growth of the client base.
Employees:
The business is owner run with no additional employees.
Advertising and Marketing:
The company currently uses Internet exposure alone so there is huge potential for marketing and advertising, building on the company’s already established platform.
Premises:
As this is an On-Line business, it is therefore fully re-locatable.
Business Hours:
24/7
Financial Information:
The business is being offered for sale on an ongoing concern basis. All financial discussions will take place directly between the vendor and any interested party under the auspices of Turner Butler.
Current turnover is circa £250,000 p.a. and typical gross profit is £80,000 and Net profit is £74,000.
Reason for Sale:
The current owner wishes concentrate on other business commitments following the sale of the company.
Support and Training;
Full support and training will be provided to the successful purchaser if required | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IO016 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
