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One Space is a contemporary fitness and wellness facility located in Livingston, West Lothian. This innovative business merges functional fitness, hot yoga, Pilates, and recovery services within a community-focused environment, distinguishing it from traditional gyms. With a compelling array of offerings, One Space is committed to enhancing the health and wellbeing of its members.
Currently serving over 200 active members, One Space enjoys a diverse range of recurring revenue streams, including memberships, class packs, Fire & Ice recovery sessions, studio hire, and treatment room rentals. Supported by a dedicated coaching team and established operational systems, the facility boasts a loyal member base that is key to its success.
The facility features a fully equipped functional training gym, a dedicated yoga and Pilates studio fitted with infrared heating panels, and a Fire & Ice recovery suite, which includes sauna and ice bath facilities. Additionally, luxury changing rooms and ample free parking enhance the overall member experience. As an operational fitness hub, One Space is ready for a new owner to seamlessly step in and continue its successful journey.
Community Focus and Growth Potential
One Space has cultivated a robust local reputation, thanks to its emphasis on community engagement, high-quality coaching, and an exceptional member experience. The business has significant potential for growth, which could be leveraged through enhanced marketing strategies, partnerships for corporate wellness, the expansion of personal training services, the introduction of challenge programmes, and increased utilisation of its recovery facilities.
Ideal Acquisition Opportunity
This is an excellent opportunity for existing gym operators, wellness business owners, yoga studio proprietors, investors, or fitness entrepreneurs looking to acquire a well-established operation. With a recognised brand, a loyal membership base, and a proven business concept in place, One Space presents a compelling choice for those ready to step into the fitness and wellness arena.
Having been established for one year and under current management, One Space is in a prime location across from the Livingston Designer Outlet, attracting customers with its accessibility. The business includes all fixtures such as gym equipment, sauna, ice baths, and changing room facilities in the sale price, which also encompasses current stocks.
Recent financial performance has shown an increase in turnover, rising quarterly to reach £192,000, with a profit margin of £40,000 against an annual rent of £35,000. Two employees currently support the operation, and the existing management team wishes to continue, offering training opportunities for new owners to ensure a smooth transition.
Key Features of One Space
The future of One Space is bright, not only with opportunities for improving existing operations but also through expansion initiatives awaiting the right owner to realise their full potential.
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.
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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.
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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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