Renovated, Long-Standing Gym in Scarborough, North Yorkshire Up for Sale
Scarborough, North Yorkshire
- Status
FOR SALE
- Date Submitted:
06/12/23
- Advert ID
603604
- Leasehold: Price on Application
- Rent: £13,000
- Turnover: On request
- Net Profit: Not Applicable
Key Features
- Small Business
- Accounts Available
- Established Business
- Town Centre location
- Prime Location
- Attractive Business
Business Details
Refurbished Well Established Gym In Scarborough
GYM & Fitness Studio in Scarborough for Sale.
A wonderful opportunity to acquire this long established concern with a loyal customer base of approximately 160 active members mostly on Direct debit which has been operated for over 25 years. Annual turnover circa £60,000. The business has been trading under Core Fitness Scarborough for the last two years and has just undergone a full refurbishment including Access Control and Turnstile to allow anytime access without the need for lots of staff, 25 additional Brand new high end machines, Sunbed and Vending Machine. The owners are wanting to concentrate on their other gyms closer to home. this would ideally suit an owner manager who can give the gym the time and attention it needs. Fantastic potential for enthusiastic new owners to build on these solid foundations.
Held on a very cheap lease, with 4 years remaining the business occupies the second floor of a prominent shopping centre comprising ground floor entrance hall and staircase to the second floor. Reception and office, large gym area with an array of cardio and weights equipment, Boxing Room, Sunbed Room, ladies and gents WC, room ,ladies and gents changing room and shower facilities, store room and staff kitchen. Staff Car parking.
Core Fitness is an independently run fitness centre, located inside the Balmoral Centre, Scarborough. We pride ourselves in our customer service and our members fitness journey. ensuring everyone is treated as an individual and feels welcome from the very first moment in which you walk through the door.
We cater for a wide range of members, of all ages, with a variety of fitness goals. Core Fitness accommodates to all fitness needs, offering a wide range of equipment with over 50 stations. Strength training equipment including resistance machines, plate loaded machines and a vast selection of dumbbells ranging up to 70kg. A full range of cardiovascular equipment including treadmills, Ski ergs, cross trainers, upright bikes, recumbent bikes and rowing machines. Also a fully equipped Boxing area available for use away from the gym floor. This is also used for fitness classes and for functional workouts.
* Refurbished Gym
* Very Low Overheads
* Access Control
* Loyal Member Base
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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.
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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.
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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.
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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.'.
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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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