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BUSINESS REFERENCE : 1562 / RightBiz EXCELLENT UNISEX GYM | | | | | | EXCELLENT UNISEX GYM - RADCLIFFE ON TRENT Solid client base (operated on annual & monthly membership) Turnover £38,000 with very high returns | | | BUSINESS LOCATION: | Nottingham Nottinghamshire UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Health & Fitness Centres | | SALE: | Agent Sale | LEASEHOLD: | £77950 | | | | | | | | | | | BUSINESS DETAILS: | XCELLENT UNISEX GYM - RADCLIFFE ON TRENT
Solid client base (operated on annual & monthly membership)
Turnover £38,000 with very high returns
Very well presented and fully equipped
Excellent future scope for growth
Beautiful village location
LEASEHOLD
ASKING PRICE
£77,950 Plus SAV
Location
The gym is situated on a busy high street in Radcliffe on Trent, Nottingham, which is also a main through road bringing a healthy amount of passing trade to the area. The gymnasium benefits from having a wide variety of neighbouring good quality retailers and commercial businesses which draws shoppers to the area throughout the year.
The business also benefits from being positioned by a busy bus stop which also contributes to the high amount of passing trade. Radcliffe on Trent has become a very popular business and residential location due to its fine housing, good schools and hospitals, excellent public services and beautiful neighbouring countryside.
Radcliffe on Trent also has a very popular Golf Club that is only a short distance away and additionally benefits from being very accessible via the M1 motorway which is aproximately 15 miles away.
Business History
Meridian Business Sales is delighted to offer for sale this unisex gymnasium which was first established by our client in 2005 who is only now placing the business onto the market due to other business interests and commitments. The gymnasium achieves a respectable annual turnover of £38,000 achieved from memberships from customers who have joined to use the gyms facilities.
This is an excellent business which has high growth potential and could see much higher revenues in the coming months and years. The gym offers a total fitness solution for everyone and caters for a very wide variety of customers. It is benefiting from excellent levels of repeat business and new members join regularly gained from good advertising, high foot fall and good word of mouth referrals from happy customers.
This is an excellent opportunity to acquire a stable business which has very strong foundations. We feel that this business offers a new owner an excellent base to build upon and we urge early viewing of this growing business.
Financial Profile
Turnover: £38,000 pa
Gross profit: 85%
Stock: £150 (approximately)
Tenure
Leasehold
Original length: 6 years
Remaining: 3 years
Review: 3 years
Rent: £14,050 pa
Opening Hours
Monday - 9.00am - 9.00pm
Tuesday - 9.00am - 9.00pm
Wednesday - 9.00am - 9.00pm
Thursday - 9.00am - 9.00pm
Friday - 9.00am - 9.00pm
Saturday - 10.00am - 4.00pm
Sunday - 10.00am - 1.00pm
(longer hours available)
Accommodation
Single story secure unit with ample free customer parking and excellent front advertising space, briefly comprising:
Large glass fronted building
Secure front entrance from car park in main gym area
Reception area, customer front seating
Main gym consists of:
12 various resistance machines
2 treadmills
3 exercise bikes
2 rowing machines
2 steppers
Several multi abdominal apparatus
Total hip machine
(all equipment is owned outright)
Rear office glass fronted
Very large rear storage
Access to upstairs higher level private treatment room
Free weights area:
Benches, bars and dumbbells
3 benches
Studio area (Suitable for classes):
Mirrors and punch bags
Two toilets with wash basing
Own access and doors to external areas
External:
Front of building parking aprox 8 vehicles
Lots of wall and building advertising space | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1562 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
