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Gym for sale in Coventry West Midlands, includes equipment and loyal clientele

Coventry, West Midlands

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    634914

  • Leasehold: £70,000
  • Rent: £24,000 (£2,000 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Established Business
  • Small Business
  • Fully Fitted

Business Details

Established Gym for sale in Coventry

For sale is an established gym located in Coventry, a local fitness center that has been serving the community for the past 10 years. This gym has built a solid reputation and a loyal customer base over the years, making it a valuable investment opportunity.

The business has been owned by the current owner for the entirety of its 10-year existence, ensuring that it has been well-managed and maintained. The sale includes a fully equipped gym, which means that the new owner can seamlessly continue operations without needing to invest in additional fixtures or equipment.

The asking price for the leasehold is £70,000, with an annual rent of £24,000. This offer presents a fantastic opportunity for anyone looking to enter the fitness industry or expand their existing portfolio.

This well-established small business is fully fitted and ready for immediate takeover, ensuring a smooth transition for the new owner.

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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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