Established Gym Normanton

Normanton, West Yorkshire

Status

FOR SALE

Date Submitted:

12/08/21

Advert ID

281021

Reference

7521 / Rightbiz
Leasehold: £9,995
Annual Turnover: Not Applicable
Annual Net Profit: Not Applicable
    Town Centre Trading Position

    Accounts Available Forecasted 5th April 2022

    Annual Turnover £48,980

    Gross Profit £45,240

    Net Profit £33,659

    Financial Information Available After Viewing

    Established 2016

    Ill Health Sale

    Owner Operator / No Staff

    Fully Equipped

    High Footfall Area

    Close To Large Multiples

    Repeat Customer Base

    Excellent Reputation

    Scope To Offer Additional Services

    Potential For Online Presence

Description:
REF 7521 – Leasehold Gym
Blacks Business Brokers are pleased to bring to the market this leasehold gym located in Normanton, West Yorkshire.

INTRODUCTION
Prestige Injury Rehab and Supplements was established by our client in this busy area of Normanton in 2016. The business offers injury rehabilitation, personal training and health supplement sales. It has become well known in this area and has a strong base of regular customers in place as well as benefitting from a good amount of additional trade generated by word of mouth recommendations. Our client has ensured the business has an excellent reputation.

LOCATION
Prestige Injury Rehab and Supplements occupies a main road trading position within a parade of shops and offices. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as B&M and Greggs. There are also a number of car parks and other local amenities nearby including Normanton Train Station. The area is well linked by the M62 with very strong public transport links and parking is available in the immediate area.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but sadly due to our client’s ill health, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2020 at a cost of £134.50 per week.

STAFF
The business operates with our client only in employment.

FINANCIAL DETAILS
Prestige Injury Rehab and Supplements has traded solidly since opening and our client has established a strong repeat customer base. The business has an annual turnover of £48,980. Full financial information is available upon request.

BUSINESS RATES
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This well known, established business occupies an enviable trading position in a busy and sought after area of Normanton. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and a new online presence with strong marketing drive. To allow for extra workload, a new owner would require additional staffing. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Prestige Injury Rehab and Supplements operates from a single storey corner property on a busy junction. The business has large branding and signage on display above a fully glazed frontage. Inside, the studio area is well equipped with fitness equipment, to the rear is a separate massage/treatment room and toilet facilities. All areas are well equipped and presented nicely.



Fixtures & Fittings:
All Weights & Gym Equipment

Opening Hours:
MON - FRI: 08:00 - 21:00


Weekly Rent:
£134 Per Week. Weekly Rent:
£134 Per Week.
Contact Agent
Advert Reference:
7521 / Rightbiz
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