Family-run gym in Gateshead with room rentals and diverse memberships for sale.
Gateshead, Tyne and WearEst. 26 years
- Status
FOR SALE
- Advert ID
659059
- Leasehold: £45,000
- Turnover: N/A
- Profit: On request
Key Features
- Diverse membership options available
- Established fitness facility
- Established gym with local reputation
- Room for additional services
Business Details
Established Busy Family Run Gym with rooms rented out
Welcome to a friendly, family-run community gym, situated in the heart of a lovely village known for its strong sense of community. This gym not only serves as a fitness facility but also offers rooms for rent to local businesses, making it an exciting opportunity for anyone looking to own a thriving health and wellness hub.
Located in Gateshead, Tyne and Wear, this established gym has been a part of the community since 2000, with the current owner having successfully managed it for 13 years. The area boasts limited competition, which allows for an ongoing influx of local patrons attracted to nearby amenities such as shops and restaurants.
As you consider this opportunity, you will find that the business model is both scalable and adaptable. The gym offers diverse membership options, catering to various fitness levels and preferences. With a spacious interior and room for additional services, there’s ample opportunity for growth. The current membership base benefits from established strength and conditioning programmes, as well as modern training equipment that keeps clients engaged and motivated.
Benefits of Ownership
This gym comes complete with a well-respected industry reputation and a supportive fitness community that fosters customer loyalty. Positive reviews reflect the commitment to maintaining a welcoming atmosphere, supported by well-trained staff who are dedicated to helping every member succeed. The business is equipped with security measures and features a user-friendly booking app to enhance the customer experience.
The potential for growth is significant, with opportunities to extend opening hours and incorporate additional wellness and beauty services. Furthermore, the transition to new ownership is designed to be smooth, ensuring a seamless experience for both the new owner and the existing clientele.
Invest in a Flourishing Community Facility
If you're looking to step into a well-presented fitness studio with strong community engagement and footfall, this gym presents an ideal proposition. Embrace the opportunity to be part of a supportive and energetic environment that prioritises both health and community wellness. Investing in this facility not only means owning a profitable business but also contributing positively to the local area.
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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.
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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.
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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.
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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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