Relocatable Fitness Equipment Rental and Retail Business for Sale
Relocatable
- Status
FOR SALE
- Date Submitted:
07/03/19
- Advert ID
239019
- Asking Price: £85,000
- Turnover: £50,000 (£962 Per week)
- Net Profit: £50,000 (100% Profit margin)
Key Features
- Attractive Business
- Offers Invited
- Accounts Available
- Home Based
- Owner Financed
- Company for Sale
Business Details
Fitness Equipment Hiring & Retail Company for Sale Relocatable
The business offers fitness equipment for hire as well as a purchase to both the corporate and domestic market. The business has gone from servicing people in their own homes to also include corporates, small gyms and doing events.
The current domestic hire agreements are short term and processed via an established website. The products are used for a variety of reasons which include rehabilitation, weight loss and general support for fitness training. The in-house sourced equipment brand promotes sales brand building via a second website.
This is a fantastic opportunity to take the reins on a turnkey business, with excellent profit margins and huge scope to increase the market share and explore new markets.
The business is at a stage where the marketing material, marketing plan and operational execution are now in place and operational.
Discussions come highly recommended as our client is are willing to assist and guide the buyer during the take-over process.
Location.
This turnkey business is not location bound and is easily relocatable as there are no fixed assets. The equipment is currently located in Milton Keynes from where it services the hire and sales markets.
Operations and Staffing.
The day to day running of the business has been systemized, including, order taking, route planning and collections. The operations process is quite simple and a very smooth hand over period is envisaged, Further help and advice will be offered, including the maintenance and repairs.
The business can be run with only the owner or with some assistance such as a delivery driver. No administration staff are employed.
What us included?
Stock - 119 (mix of treadmills, bikes, cross-trainers and rowers)
Spare parts.
Van Decals tail lift (VW Crafter LWB)
Delivery equipment.
Current hire accounts.
Professional websites.
Optimised online marketing campaigns.
Social media accounts.
Route planning and optimisation software.
Digital media (incl. Branding, banners, marketing designs)
Professional products photos.
Detailed operations manual.
Financial.
The company growth has been strong within the market with a good profit margin. The business has an excellent scope to increase with current utilization of ~56%.
The price of the business is justified and tested against industry norms and best practice.
The business has an untapped market which the new owner can explore and experience exponential growth.
Reason for selling.
The current owners are looking to concentrate efforts on their other business ventures which require additional time.
Next step.
A detailed business report and financial analysis are available to serious buyers.
Listing Statistics
Contact the seller for more details, or book a viewing
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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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Contact seller
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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