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Exceptionally Well Run & Performing Gym

Glenrothes, Fife
Leasehold Price:
£34,950
Status
FOR SALE
Advert ID
256328
Reference
B05833 / Rightbiz

Business
Hilton Smythe welcomes to the market an exciting opportunity to acquire, on a Leasehold basis, an exceptionally well run and performing ladies only gym facility.

LadyZonly Gym has been under the careful & meticulous ownership of our client since 2012 and who has now decided that it is time to take well-earned retirement.

The business offers circuit training facilities in a bright & welcoming environment that combine aerobic exercises with resistance training that is currently classed as one of the most efficient calorie burning methods of exercise.

The business currently operates on a subscription service being paid by the gym user on a monthly basis via standing order, with the business currently having between 80 – 100 subscribers regularly using the facility.

There is further scope to increase turnover by undertaking in a robust localised marketing campaign via local press & social media, while there is scope to update the dedicated website that is in place. 

Our client would be willing to offer a handover period to the purchaser, this will help the transaction run smoothly. This gym has very little competition around the local area and would be a great opportunity for any purchaser with experience in the industry. 

This is an outstanding turn-key business which offers a new owner the opportunity to take this business to the next level.

Hilton Smythe highly advise early viewing to avoid disappointment.



Location
The business is in the busy & thriving Eastfield industrial estate within the Fife town of Glenrothes. The town itself Glenrothes is regarded as one of the most successful towns in Scotland with a host of local amenities including Kingdom Shopping Centre as well as sports and leisure facilities.

Glenrothes boasts its very own 18-hole Golf course and both Primary and Secondary schooling are available in the local area.

The town further benefits from excellent access for the commuter to the A92 allowing access to Dunfermline, Edinburgh & the M90 motorway and there are railway stations at both Thornton and Markinch.



Premises
The business is in a bright, modern well fitted out industrial unit and briefly comprises:

 

 

  • Main gym area fitted with various fitness industry equipment that has been maintained to an excellent standard.
  • Separate office area fitted with a range of modern office furniture & equipment.
  • W/C area for gym users.
  • A full list of equipment can be supplied from the current owner.
  • The business is well signed and easily visible.

 


Tenure
We are advised that tenure is offered on a leasehold basis, 3 year lease with 2 years remaining.

Rent £8400 PA.

No Rates.



Hours
Monday – Thursday 8am - 8pm

Friday - 8am - 6pm

Saturday & Sunday - 8am - 11am 



Staff
The business is run by the current owner and 2 part time staff members.



Financial Profile
The business has reported an adjusted net profit of £13,151 along with assets of £13,000.

 

 

 

 

 

 

Listing Details
Leasehold Price: £34,950
Tenure: Leasehold
Location: Glenrothes, Fife
Sector: Gyms, Recreation Businesses, Health Food Shops
Financials
Annual Turnover: £19,409
Contact Agent
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Advert Reference: B05833 / Rightbiz

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