Excellent Leasehold Gymnasium | | Wednesbury West Midlands | | EXCELLENT LEASEHOLD GYMNASIUM - WEST MIDLANDS Favourable account customer base with consistent growth Advised annual turnover of £88,961 with good GP returns | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59871
ADVERT IMPRESSIONS : 10,784 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Gyms | | SALE: | Agent Sale | LEASEHOLD: | £150000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT LEASEHOLD GYMNASIUM - WEST MIDLANDS
Favourable account customer base with consistent growth
Advised annual turnover of £88,961 with good GP returns
Exceptionally well presented and equipped throughout
Early interest and viewing is highly recommended
Large off road free of charge customer parking
Sale price includes all equipment and fixtures
Ideal lifestyle change opportunity
Ideal location in Wednesbury
Genuine reason for sale
LEASEHOLD
Location
This modern unisex gymnasium has an ideal location from being situated on a well presented enterprise estate in Wednesbury which is in the West Midlands. The location is ideal as it is situated just off the main ring road and offers a well presented facility with large off road free of charge customer parking. The neighbouring businesses, retail estates and residential homes all provide the gym with an endless amount of customers and new potential visitors all within a very short travelling distance. The gym also has easy access to Wednesbury town centre which is also only a few miles away. Wednesbury has seen significant growth and development over the past 10 years and has attracted many international retailers and corporate businesses who have moved into the area due to its growth and high visitor count. Wednesbury also benefit from neighbouring the M6 and M5 motorways which makes visiting and commuting throughout the UK very easy.
Business History
Meridian Business Sales are delighted to offer for sale this exceptional leasehold unisex gymnasium which was first established by our clients in 2007 and they are only now placing it onto the market due to their growing family commitments and the happy arrival of two new children. The business which is run and managed by our clients with the assistance of staff achieves a very respectable advised annual turnover of £88,961 which is derived from offering a modern gymnasium facility which offers its visitors a range of membership packages. Our clients have gone to considerable expense and effort on the presentation which has resulted in a very inviting facility which is a pleasure to visit. Our clients have enjoyed high levels of growth since establishment and new visitors appear regularly derived from good word of mouth recommendations and from the highly visible trading location. They are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is without question a favourable unisex gymnasium which offers its members a fantastic array of equipment and classes. We feel that this opportunity is an ideal lifestyle change for an individual or couple who is looking for an exceptionally well presented business situated in a popular area. We would like to urge early interest in this opportunity as gymnasiums of this quality rarely appear onto the market.
Financial Profile
Turnover: £88,961pa
Gross profit: 55%
Stock approximtely: £1,500
Tenure
Leasehold
Original length: 3 years
Remaining: Rolling
Rent: £3,034pcm
Opening Hours
Monday to Friday: 6:30am - 9:00pm
Saturday: 5:00am - 5:00pm
Sunday: 8:00am - 2:00pm
Accommodation
Two storey facility briefly comprising of large off road car park, reception welcoming area with sofa relaxation seating, management office, kitchenette, male and female changing rooms with toilets and lockers, 1 x cardio gym, 1 x weights gym, 3 treatment rooms, fitness studio and members finger entrance security system.
GROUND FLOOR - Secure front entrance leading to reception/welcoming area, open plan with sofa seating, reception desk, drinks display, supplement displays TV and notice boards, kitchenette with small storage, management office, male changing rooms with 3 shower cubicles, toilets and lockers and female changing rooms with 3 shower cubicles, toilets and lockers.
Fitness Studio - Open plan fitness studio with perimeter mirrors, sound system, various steps, free weights, balls, plates and mats
FIRST FLOOR - Cardio Gym - Open plan gym area with 4 bikes, 2 rowers, 4 treadmills, 3 cross trainers, chin assist and cable cross over.
Corridor with water fountain accessing: Consultation / treatment room, sunbed room with lie-down sunbed (profit share) and treatment/massage room.
Weights Gym - Open plan gym area with 10 resistance machines, smiths machine, abs bench, dumbbell row,
2 double benches, 2 dumbbell racks, barbells, Olympic bar and easy bar.
EXTERNAL - Large free of charge customer and owner parking plus enterprise estate overspill parking facilities.
| | | | | | FOR SALE | | | | | REFERENCE: | 2554 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
