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Derbyshire Dales Gym & Fitness Club - Well Established, Prime Location in Matlock

Undisclosed, Derbyshire
Well Established Gym And Fitness Club In Derbyshire Dales For Sale Photo 1
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Well Established Gym And Fitness Club In Derbyshire Dales For Sale
  • Status

    FOR SALE

  • Date Submitted:

    04/05/23

  • Advert ID

    512653

  • Leasehold: £85,000
  • Rent: £17,000
  • Turnover: £70,000 (£1,346 Per week)
  • Net Profit: £35,000 (50% Profit margin)

Key Features

  • Accounts Available
  • Established Business
  • Offers Invited
  • Owner Financed
  • Small Business
  • Unique Business
  • With Car Park
  • Attractive Business

Business Details

Well Established Gym And Fitness Club In Derbyshire Dales For Sale

Well Established Gym And Fitness Club In Derbyshire Dales For Sale

We are pleased to have been given the opportunity to manage the sale of a well-established Gym/Health & Fitness Club with a renowned reputation amongst local residents. 

This is a superb opportunity to take on a popular and busy local business in an area teeming with clients.

The business was purchased by the current owners over thirteen years ago and has been a real labour of love for them, accruing an impressive number of regular users and a great reputation. 

The business is now being sold, albeit reluctantly and with a heavy heart only due the vendors wish to pursue other business interests. They are keen to see their beloved gym pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.

The gym offers a wide range of services and a full breakdown can be made available upon request.

The business offers no joining fees, no admin Fees and 12 month, 3 month and no-contract options. 

Gym only memberships average £23.00 per month. 

A Group PT memberships averages £35.00 per month. 

The sale will include the company website, Facebook page and Instagram page. The business enjoys great visibility on the internet.

Scope to Improve:

• Advertising and marketing campaign 

• Maximise the use of social media 

• Update the existing website 

• Extend the opening hours

• Install keycard entry system to reduce staffing costs
 

• Sell drinks, supplements and clothing

Reasons to Buy:

A well-established business with an enviable reputation and many existing customers.

The current owner happy to offer a handover to ensure the continued success.

All fixtures, fittings and equipment included, making this a real Turnkey business opportunity.

Ideal owner managed or partnership business.

Offers potential as a bolt on to an existing health and fitness business.

We highly recommend early enquiry to avoid disappointment.

This business is likely to attract considerable interest.

Location:

The business is located in Derbyshire.

The gym is located in a well known business park. The business is beautifully presented and maintained with clear visible signage and distinctive livery.

There is free parking to the front and side of business along with free on road parking in the roads and streets surrounding the premises.

Premises:

The gym occupies a 3,000 sf industrial unit building, is presented to the highest standards and briefly comprises:

Gym Area 1:

This includes:

• 41 x 6ft x 4ft stable matting flooring

• Nytram Leg press

• Power Fabrications Power cage

• Power Fabrications Smith machine

• Hammer Strength squat rack

• Power Fabrications ISO row

• Force lying leg curl

• Life Fitness seated leg curl

• Life Fitness seated leg extension

• Life Fitness lat pulldown

• Life Fitness seated pec dec

• Nytram low cable row

• Nytram seated calf raise

•Dumbbells up to 52.5kg. These include Jordan dumbbells in 2.5kg increments).

• 3 x Jordan dumbbell racks

• Technogym single cable machine

• Incline / flat / decline benches. 

• Life Fitness seated chest press

• Life Fitness seated shoulder press

• Life Fitness seated abductor machine

• Life Fitness glute machine

• Matrix seated adductor machine

• Star Trac cable machine

• SportsArt bicep / tricep machine

• Pulse assisted chin & dip machine

• Precor Icarian flat barbell bench press

• Nytram plate loaded hack squat

• Jordan landmine press / T-bar 

• Curve Runner skill mill treadmill 

• Hip thrust bar, 35kg Trap bar, 26kg Trap bar, safety squat bar and other Olympic bars

• Mirrors throughout

Gym Area 2:

This includes:

• Secondary 12ft x 20ft matted dumbbell area

• 3 x incline / flat benches

• Mirrors

• Dumbbells from 1kg up to 32kg. These include Technogym and Jordan dumbbells.

• 4 x Jordan dumbbell racks
 

• Cybex CR1 Lat Pulldown

• A range of 5ft Olympic bars, Swiss bars and EZ bars.

• Nytram preacher curl bench

• Power Fabrications back extension

• Nytram sissy squat

• Technogym single cable machine

• Dual Adjustable cable machine

• Technogym upright bike

• Concept 2 rowers

• Large Escape fitness matted area with lots of foam rollers and core training apparatus

• Miscellaneous functional apparatus including battling ropes

Gym Area 3:

This includes:

• 16ft x 36ft matted group personal training area

• Kettlebells up to 40kg. These include Jordan kettlebells. 

• Escape core mats

• Studio dumbbells from 1kg to 5kg
 

• Dumbbells up to 12.5kg
 

• Skipping ropes

Men’s Changing Rooms:

• Toilet cubicle, sink and showercubicle.

Female’s Changing Rooms:


 

2 x toilet cubicles, 2 x sinks and separate private shower room.

Other features:

•Air conditioning 

• Central heating

Tenure:

We are advised that the business is being sold on a Leasehold basis, with 4 years remaining on the current Lease. A new lease is available subject to negotiation for the new buyer. The rent is £15,000 per annum. 

The business has a service charge of £1,500 per annum.

Hours:

The business hours are:


 

Monday – 7:30am – 8:30 pm 

Tuesday – 8:30am – 8:30pm 

Wednesday – 7:30am – 8:30 pm 

Thursday – 8:30am – 8:30pm 

Friday – 7:30am – 8:00pm 

Saturday – 8:00am – 2:00pm 

Sunday – 8:00am – 2:00pm 

Staff:

We are advised that the business is owner run and managed, with the help of 3 part-time members of staff / personal trainers. 

Financial Profile:

Further financials can be made available upon request. 

Read more

Contact the seller for more details, or book a viewing

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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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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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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.

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