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Gym for sale in Gateshead Tyne and Wear with additional income opportunities available

Gateshead, Tyne and Wear

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    651274

  • Leasehold: £45,000
  • Rent: £15,600 (£1,300 per month)
  • Turnover: On request
  • Profit: On request

Key Features

  • Off-street parking facilities
  • Onsite parking availability
  • Online and offline training options
  • Online presence includes social media

Business Details

Gym for sale in Gateshead Tyne and Wear

We are pleased to present a fully equipped gym and studio for sale, complete with all necessary equipment. This well-established business has been operating for over 30 years and has provided a solid foundation for its current owner, who has been at the helm for 13 years. The facility also includes additional rented rooms that generate extra income, making it a viable investment for potential buyers.

Located in a strategic area with minimal competition, this gym benefits significantly from nearby amenities such as shops and restaurants, which attract a steady flow of customers. The positive customer feedback speaks volumes about the service quality and community atmosphere, providing a welcoming environment for both new and returning clients.

Business Highlights

The gym not only offers off-street and onsite parking facilities but also provides a range of online and offline training options. This robust online presence includes an active social media following, ensuring outreach and engagement with a wider audience. With open gym access during peak hours, the facility currently operates efficiently to meet customer needs.

Opportunities for growth abound, with potential for expanding services including strength and conditioning programmes and rehabilitation solutions. There is ample room within the gym for additional services and programmes, presenting a chance for savvy entrepreneurs to boost membership and overall revenue. Furthermore, the existing infrastructure allows for extended operating hours, enhancing the income-generating potential of the business.

Ownership Transition

This business comes with a smooth ownership transition process, allowing new owners to seamlessly take over operations. A passionate ownership opportunity awaits those ready to build upon the established customer base and community engagement. Moreover, ongoing security measures ensure a safe environment for both clients and staff, further solidifying its appeal.

In summary, this gym and studio represent an exceptional investment opportunity due to its long-standing reputation, strong community ties, and potential for both service and membership growth. The current owner is selling to pursue a career change, presenting a unique chance for the next owner to capitalise on 30 years of success.

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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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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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