2022-Opened Gym in Peterborough Cambridgeshire, 1000 Members, Expansion Opportunity Available
Peterborough, Cambridgeshire
- Status
FOR SALE
- Date Submitted:
25/01/24
- Advert ID
605642
- Leasehold: £65,500
- Turnover: £270,000 (£5,192 Per week)
- Net Profit: Not Applicable
Key Features
- Attractive Business
- Offers Invited
- With Car Park
- Company for Sale
- Owner Financed
- Prime Location
Business Details
New gym which opened in 2022 with nearly 1000 members reduced for quick sale
New gym which opened in 2022 and is now approaching 1000 members and increasing each month. Gym space around 10,000sq ft and part of biggest gym franchise chain in the world. Over £500k fit out costs and arguably one of best gyms in the area.
Additional 5000sq ft of space next door which is currently unused and could be converted to compliment the gym like a salon/tanning or even a martial arts space.
Gym is priced extremely low compared with cost to build and needs someone with cashflow who can get it more time to increase members and utilise the empty space. Also priced low for a quick sale as we are looking to exit and purchase another business in the coming weeks.
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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.
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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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