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Established Unique Alternative Gym in Penrith Cumbria Up for Sale

Penrith, Cumbria
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This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria Photo 1
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This is a superb opportunity to purchase an established alternative Gym in Penrith, CumbriaThis is a superb opportunity to purchase an established alternative Gym in Penrith, CumbriaThis is a superb opportunity to purchase an established alternative Gym in Penrith, CumbriaThis is a superb opportunity to purchase an established alternative Gym in Penrith, CumbriaThis is a superb opportunity to purchase an established alternative Gym in Penrith, CumbriaThis is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria
  • Status

    FOR SALE

  • Date Submitted:

    21/12/23

  • Advert ID

    604198

  • Reference

    526 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £45,000
  • Turnover: £36,718 (£706 Per week)
  • Net Profit: £16,012 (44% Profit margin)

Key Features

  • Adjacent to Multiple Retailers
  • Unique Business
  • Fully Fitted
  • Close to Local Amenities
  • Prime Location
  • Town Centre location
  • Established Business
  • With Car Park
  • Accounts Available
  • Attractive Business

Business Details

This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria

This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria. The business is available on a leasehold basis.

The business operates as an alternative gym where clients can experience the joy of exercise at their own pace. No matter of age and physical abilities, they will help to improve health & fitness, lose weight, reduce aches and pains, and feel great. This gym is not like most traditional gyms in that they have a wide variety of technologies, in sessions that are just 30 minutes long, and get fantastic results in a very enjoyable way. Along with power assisted exercise equipment, they also have some sophisticated pieces to support and nurture wellbeing such as a Thermal Wellness Pod, Spa Capsule, Vibrogym Evolution Vibration Plates and a Lumi 8 LED facial lights machine. They help their clients exercise and build their fitness in a supported and assisted manner to help with mobility, ease of movement, improved posture and gain fitness after illness or injury. They typically aim to create a comfortable and supportive environment for men and women of all ages and fitness levels to pursue their health, fitness, and wellbeing goals.

The business has been established since 2010 and has seen a steady increase of its members amongst the local community since then. They currently have many active members who use the business on a regular basis and have a high attendance and retention rate due to the quality of service and the quality and effectiveness of their facilities.

The gym has been renovated to a very high standard throughout as the current owner has skilfully combined the character features of the building with modern fixtures, fittings and sophisticated (gym) equipment and machinery.

·       Excellent reputation

·       Loyal customer base

·       Excellent transport links

·       Quality premises renovated to a high standard

·       Gym set in a busy location

·       Minimal competition in the area

·       Minimal overheads

·       Turnover - £36,718

·       Professional website

·       Huge potential for further growth

·       Nearby parking

It is with a heavy heart that the current vendor is selling the business due to personal reasons. This represents an excellent opportunity for an entrepreneur looking for an established business in the health and fitness sector or a corporate chain looking for a lucrative acquisition.

We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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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.

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Do not 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 amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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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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The data showed regarding this advert 'This is a superb opportunity to purchase an established alternative Gym in Penrith, Cumbria - 526 / 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.