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Newly Refurbished, High-Potential Gym for Sale in Knaresborough's Town Centre

Knaresborough, North Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Advert ID

    627169

  • Asking Price: £175,000
  • Rent: £20,000 (£1,667 per month)
  • Turnover: £80,000 (£1,538 per week)
  • Net Profit: £20,000 (25% Profit margin)

Key Features

  • Established Business
  • Attractive Business
  • Offers Invited
  • Prime Location
  • Town Centre location
  • Close to Local Amenities
  • Small Business

Business Details

Newly renovated Gym for sale Knaresborough

The town center gym in Knaresborough, North Yorkshire, is now available for sale. This well-established business, with a thriving membership base, has been serving the community for over 20 years. Recently refurbished, it boasts state-of-the-art facilities, including a sauna and a sunbed, and is ideally located close to local shops and restaurants, making it an attractive venture for potential buyers.

The gym is listed at an asking price of £175,000. It currently has a turnover of £80,000, with an annual profit margin of £20,000. The yearly rent amounts to £20,000. The sale includes all gym equipment, sauna, and stocks, offering a comprehensive package for new owners looking to step into a ready-to-operate business.

The gym, although lacking an online presence, has experienced an increase in turnover over the past year, indicating a positive trajectory for future growth. Located in a prime town center position, it provides an excellent opportunity in a vibrant community setting.

The owner has managed the business for the past year and is currently inviting offers. This small but attractive business, with its proximity to local amenities and an appealing town center location, stands out as a promising venture for those interested in investing in the fitness industry.

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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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