York-Based Gymnasium & Fitness Business with 350 Loyal Members Up for Sale
York, North Yorkshire
- Status
FOR SALE
- Advert ID
630624
- Reference
591039 / Rightbiz
- Call Agent:
- Leasehold: £119,950
- Turnover: £160,241 (£3,082 per week)
- Profit: Not Applicable
Business Details
Gymnasium & Fitness For Sale in York
GYMNASTICS CLUB in East Yorkshire for Sale.Ernest Wilson are delighted to bring to market this popular and well respected gymnastics club. The business has been operated by our clients since 2020, during which time it has established itself with a fantastic reputation and loyal customer base, currently with circa 350 registered members across various age groups. The business trades in easy hours through the week with evening only sessions and competitions over weekends. Accounts to January 2024 show an annual turnover of £160,241 and adjusted net profits approaching £60,000 per annum. The substantial premises sit within a busy industrial and retail estate and are held on lease comprising reception to shop area, four changing rooms with WC, office and storeroom. Main hall provides a variety of gymnastics training equipment and space which has been maintained to a very high standard. First floor mezzanine provides additional store rooms office / space. EPC Band E.
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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.
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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