London-Based Established Boutique Gym with Active Memberbase for Sale
Greenwich, London
- Status
FOR SALE
- Date Submitted:
05/12/23
- Advert ID
603563
- Leasehold: Price on Application
- Turnover: £216,000 (£4,154 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Established Business
- Close to Local Amenities
- Central Position in Affluent Village
- Open Plan Trading Area
- Small Business
- Prime Location
- Split Level Trading Area
- Offers Invited
- Fully Fitted
- Company for Sale
- Adjacent to Multiple Retailers
- New Lease
Business Details
Established Boutique Gym with Memberbase In London For Sale
Fully fitted boutique gym operation located in the heart of North Greenwich London for sale.
The business is set up with an active membership base, a dedicated team, as well as operations including booking systems etc and ready to be carried on.
We currently offer small group personal training, private personal training and open gym 7 days per week.
Gym has been finished to a very high standard as you can see in the photos, we have been there since 2019. Over £250k spent on fit out.
Gym set up:
- Split over 2 floors (gym downstairs / changing room with shower facilities and massage room upstairs) total 4317 sq ft.
- Ground floor 2917 sq ft.
- 1st floor 1400 sq ft.
- Equipment includes squat racks, cable machine, free weights, bars, weight plates, dumbbells, skiergs, bikergs, rowers, treadmills, 40mm heavy duty gym flooring, strongman equipment and more.
- Reception area.
- Therapy/ Massage room.
- Staff room.
All fixtures, fittings and equipment will be included within the price.
The business would ideally suit a owner/ manager running the daily runnings of the gym and team, as well as doing some pt and classes themselves.
The developers/ landlords are currently undergoing the largest single regeneration of the area, and are revamping the whole area to be more residential. Although already started, the area will be completely transformed over the next 10-15 years.
Feel free to get in touch with any more questions.
Matt
www.outrivals.com
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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.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.'.
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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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