FOR SALE
648886
Located on the outskirts of Shepton Mallet along the bustling A37, this gym is perfectly positioned to attract a steady stream of traffic, including passers-by and residents from nearby towns and villages. After showing promising growth in its first year, the current owners have decided to relocate and prioritise family and their full-time careers, presenting an excellent opportunity for a new investor. This fully furnished gym is equipped with a strong infrastructure and operates on a pre-existing unmanned model, making it an appealing venture for someone looking to step into the fitness industry.
The gym offers 24-hour access for its members, allowing them to maintain flexible workout schedules. It is fully equipped with a comprehensive range of cardio and weight training machines, complemented by a vibrant, modern atmosphere enhanced by ambient lighting. Also available is a diverse selection of free weights and resistance training equipment, alongside dedicated areas for functional training and specialised workouts, catering to a variety of fitness needs and preferences.
Business Details
This gym has been established for two years, with the current owners operating the business since its inception. While there has been a slight decline in turnover recently due to their reduced involvement, last year was notably promising. The decision to sell comes from a need to allocate more time towards family and careers, making this a unique opportunity for a passionate entrepreneur.
Competitive Advantage
The proximity of local amenities such as a Co-op and Tesco’s superstore helps draw in customers, despite some competition in the area that is not significant enough to impact business negatively. Moreover, the sale includes all fixtures and fittings—an invaluable asset for any new owner.
Potential for Growth
There is considerable growth potential for this gym, particularly in urban areas and through innovative marketing strategies. With an emphasis on health and wellbeing, the gym benefits from high customer retention rates and significant profitability potential. The high visibility location and the inclusion of all necessary fitness equipment further enhance its attractiveness, creating an inclusive fitness environment with a spacious training area.
The current low member-to-equipment ratio allows for a comfortable workout experience, while the low operating costs ensure sustainability. Opportunities for brand expansion and partnerships with delivery services could also be explored, maximising the gym's revenue potential. The owners are willing to provide advice to new owners, and the business currently maintains a strong online presence through social media and a well-optimised website.
With passionate ownership opportunities and positive customer reviews supporting its reputation, this gym not only promises a lucrative investment but also presents potential for membership growth and online expansion, making it an exciting venture for the right individual.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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