Established Gym Business in Letchworth Garden City - Prime Location, High Potential for Growth
Letchworth Garden City, Hertfordshire
- Status
FOR SALE
- Date Submitted:
27/03/24
- Advert ID
608902
- Reference
BAA230143 / Rightbiz
- Call Agent:
- Leasehold: £100,000 (Stock at valuation)
- Turnover: On request
- Net Profit: On request
Key Features
- Fully Fitted
- Unique Business
- Close to Local Amenities
- Established Business
- Prime Location
- Attractive Business
Business Details
Thriving Gym Business for Sale in Letchworth Garden City
- Prime Location right by the train station, making it easy for members to find and visit
- Established for over 20 years
- Top-notch Equipment including special equipment for strength competitions for a great workout
- Expert Trainer Team from seasoned powerlifters to experts in injury prevention
- Flexible Memberships from monthly passes to special rates for juniors and couples
Agilis Advisory presents an opportunity to take the reins of a bustling gym strategically located in Letchworth Garden City. Positioned centrally opposite the train station, this gym boasts over 500 dedicated members, each contributing £30 per month on average, with a clear path to reaching pre-COVID numbers of 1,000 .
Key Features:
1. Prime Location: Located within a historic grade 2 listed building in Letchworth Garden City's town centre, offering unparalleled convenience.
2. Fully Equipped: Equipped with everything a fitness enthusiast desires, including free weights, cardio machines and resistance equipment, complete with showers and changing rooms. Featuring a large selection of specialised kits, including pieces designed for strength competitions.
3. Expert Trainers: The gym's roster of in-club personal trainers brings a wealth of experience, from nationally qualified powerlifters to physique competition participants. Specialisations include injury prevention, diabetes management, and weight loss. Personal training sessions and group fitness classes are available to cater to diverse fitness needs.
4. Flexible Membership Options: A range of membership options to suit every lifestyle, including annual passes, monthly memberships, and discounted rates for juniors and couples. Flexible options ensure accessibility and affordability for all fitness enthusiasts.
5. Established Reputation: Renowned as a hub for strength and conditioning/powerlifting enthusiasts, with a strong clientele base and growing social media presence. Rated 4.2 out of 5 on Google reviews and with 1.3K followers on Instagram, there's great potential to further enhance the social media presence.
All About The Gym:
• State-of-the-art gym facilities catering to various fitness needs.
• Dedicated Strength and Conditioning suite for specialised workouts.
• Functional Training Rig and dumbbells up to 80kg.
Don't miss out on the chance to own and grow this thriving gym business in the heart of Letchworth Garden City!
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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