FOR SALE
513671
ID2980 / Rightbiz
Sovereign are delighted to bring to market this thriving Fitness Studio located in Manchester City Centre. Combining the advantages of one on one training with a personal trainer and the atmosphere of a workout class this gym can be sold as part of a franchise or as a standalone fitness boutique.
The business is in a prime location in Manchester City Centre close to transport links and other amenities. The franchise is endorsed by both athletes and high profile celebrities who are loyal and committed clients.
This Fitness Studio has over 160 monthly paying members and more than 300 active visitors on class packs and trials. The business opened in March 2020 and as well as being in a prime city centre location, no expense has been spared kitting the business out with the latest high-end equipment and changing facilities.
The business is only now being bought to market by the directors due to unfortunate family circumstances. The opening hours are Monday to Friday 06:00 to 20:00, Saturday 08:30 to 13:00 and is closed on Sunday’s.
The business is currently generating a healthy turnover of £281,855.00 per annum.
On the market by way of a Limited Company Share sale for a competitive price of £137,500.00. This is an opportunity for an ambitious fitness entrepreneur to be part of a rapidly growing franchise or to own an excellent Fitness Studio in a prime city centre location. F45 Head Quarters is offering a complete on boarding and hand over process for a new owner even if you have had no experience in the fitness sector making this a fantastic opportunity to build this venture to the next level. The fitness studio has survived some testing years which included Covid 19, energy hikes and the cost of living crisis. This is testament to the strength of the brand and the enviable customer base of loyal monthly paying members coupled with the most 5* Google reviews of any fitness centre in Manchester.
Recently, CSG (Club Sports Group – backed by Kennedy Lewis) acquired the master franchise in Europe from F45 HQ. They have invested heavily in restructuring the European operation. Since doing so, multiple studios have reported significant improvements.F45 Salford Central recently reported record months in revenue and profit.
With a database of over 8,000 clients across there management system and social media there is a massive opportunity for new owners to increase revenue and reduce costs with renewed energy and focus, something the current owners cannot manage due to personal circumstances.
Externally, multiple new residential developments are being built within a 1 mile radius targeting new potential customers as well as major companies such as BT and Booking.com moving their headquarters to Enterprise City in Spinningfields. The increase in the target demographic, coupled with the cost of living easing off will potentially increase revenue.
Therefore viewing is highly recommended to fully appreciate the quality and potential this opportunity presents.
Celebrity Client Endorsement
Prime City Centre Location
Fully Fitted To High Standard Throughout
Franchise Or Stand Alone Opportunity
Genuine Reason For Sale Family Circumstances
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'Boutique Fitness Studio For Sale Manchester City Centre - ID2980 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.