Thriving, Established, Professional Fitness Gym for Sale in Preston Lancashire
Preston, Lancashire
- Status
FOR SALE
- Advert ID
618423
- Reference
B08260 / Rightbiz
- Call Agent:
- Leasehold: £59,995
- Turnover: £123,000 (£2,365 Per week)
- Net Profit: Not Applicable
Business Details
Well Established & Professional Fitness Gym For Sale
BusinessPlease quote reference B08260
CoGoGo are delighted to present May Wellbeing, a highly profitable and well-established Small Group Personal Training gym located in Preston.
Established by our clients, this thriving business offers a holistic approach on health and fitness, with a strong foundation of loyal clientele and a unique focus on personalised care. The owners are selling due to a planned move abroad, presenting a fantastic opportunity for a new owner to step into a well-run, successful gym with tremendous potential for further growth.
Key Highlights:
- Established Client Base: May Wellbeing boasts 100 active members on either 6-month contracts or rolling memberships, ensuring consistent monthly revenue.
- Diverse Membership Options:
- Personal Training Membership - 3 small-group sessions per week, plus InBody scans for £120/month.
- Personal Training Plus Membership - 3 small-group sessions per week, weekly check-ins with dedicated coach, and InBody scans for £175/month.
- Small Group Training Format: Sessions are held with 8-12 participants, providing an intimate and engaging fitness experience led by a professional coach.
- Weekly Session Availability: A robust schedule of 37 sessions if offered weekly from Monday to Saturday engaging fitness experience led by a professional coach.
- Additional Revenue Stream: The gym features a physiotherapy room sub-let to two therapists, providing steady additional income and a complementary service to members.
Although already a successful venture, there is significant potential for expansion:
- Expand Membership Options: Introduce additional membership tiers such as a higher-end package with nutrition coaching or wellness services, or a lower-cost options for clients who want to train less frequently.
- Increase Weekly Sessions: With the high demand for small-group training, adding more sessions across the week of introducing early morning or late evening classes can boost capacity.
- Expand Online Presence: Build on the existing marketing efforts by introducing online personal training, virtual coaching, or digital fitness programs to tap into a broader market.
- Physiotherapy & Allied Health Expansion: Grow the sub-let model by incorporating more health services such as massage therapy, chiropractic care, or nutrition consulting to create an all-encompassing wellness hub.
- Corporate Partnerships: Establish partnerships with local businesses to offer corporate wellness programs or discounted memberships for employees, tapping into the B2B market.
- Supplement & Apparel Sales: Expand the gym's revenue streams by selling fitness-related products such as supplements, branded gym apparel, or equipment in-house.
If you're looking for a turn-key gym business in a growing sector, May Wellbeing in Preston is an exceptional opportunity not to be missed!
Location
Situated in Preston within a spacious unit with ample parking, the location is convenient and accessible for members.
Premises
The May Wellbeing interior boasts a thoughtfully designed space, featuring a fully furnished office, a relaxing R&R and kitchen area, as well as dedicated physiotherapy and therapy rooms, all aimed at promoting comfort and wellness.
Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place at the moment.
We are advised the landlord is awaiting a new 5 year lease to be signed with a 3 year break clause.
The current rent is £1,175 per month (plus bills quarterly).
Hours
The current operating hours are:
Monday to Friday - 6:00am to 7:00pm
Saturday - 7:00am to 11:00pm
Sunday - Closed
Staff
The business is run and managed by our clients with the help of 1 part time employee.
Financial Profile
This business generated a turnover of £123,000. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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Contact seller
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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