High-End Group Fitness Gym with Strong Client Base Available for Sale in Glasgow
City of Glasgow, Glasgow
- Status
FOR SALE
- Advert ID
623876
- Leasehold: £140,000
- Rent: £24,000
- Turnover: £72,000 (£1,385 Per week)
- Net Profit: Not Applicable
Key Features
- Accounts Available
- Established Business
- Price Reduced
- Prime Location
- Town Centre location
- Close to Local Amenities
- Attractive Business
- Fully Fitted
- Company for Sale
Business Details
Group Fitness Gym for Sale in Glasgow
CONFIDENTIAL - Gym Business for Sale
An incredible opportunity awaits a passionate fitness professional looking to own and operate their personal gym studio. This business is fully equipped with an existing client base and boasts a high-end setup, ensuring a seamless transition for the new owner. All infrastructure, systems, and processes are in place, backed by a reputable international brand.
The gym is located in the heart of the city center, surrounded by thousands of potential clients within walking distance. Its prime location offers convenience and accessibility, with numerous shops, restaurants, and public services nearby, attracting foot traffic and enhancing customer engagement.
The facility itself is impressive, with a spacious design featuring high ceilings and abundant natural light. It is fully equipped with weightlifting bars, various exercise equipment, and professional-grade fixtures. Additionally, the gym includes a functional training area with Olympic rings, all contributing to a modern and vibrant fitness environment. The stunning view of the cityscape adds to its attractiveness.
Having been established for five years, and under the current ownership for one year, this studio stands out due to the limited competition. Few group fitness centers in the vicinity offer strength and conditioning programs in an engaging and friendly setting, providing an edge in the market.
Included in the sale is an extensive high-end fit-out, valued at over £250,000, comprising everything needed to run a successful gym. The owner, who is not a fitness professional, is eager to pass the baton to someone in the industry, offering full training and access to global partners for a smooth transition and potential growth.
Offered on a leasehold basis, the studio is located in the town center of Glasgow, with an asking price available upon request. The current turnover stands at £72,000, with an annual rent of £24,000. All stock is included in the purchase price. Financial accounts are available for review, affirming the business's strong foundation. Furthermore, the price has been reduced to make this an even more attractive proposition.
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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.
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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.
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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.
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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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