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Gym Franchise for Sale in London with 110 Members and Full Equipment

Undisclosed, London

CONFIDENTIAL

  • Leasehold: £95,000
  • Turnover: £87,100 (£1,675 per week)
  • Profit: Not Applicable

Business Details

Gym optional Franchise for Sale

WE ARE INFORMED by the owner the turnover currently averages £1,500 per week - £1,750 per week

Presently the business has 110 members paying monthly subscriptions. FEATURES:
PARKING FOR 5 VEHICLES

SINGLE FRONTED AIR CONDITIONED PREMISES, CCTV (5 cameras), professional no slip flooring, suspended ceiling with LED lighting.

Reception area with desk, etc.

Fully equipped gym with;

Weights & Barbells
• Squat rack / power rack (×2) with barbells and weight plates (2.5kg–20kg), including UKSF bumper plate set
• Olympic barbells (×3) - 2 × 20kg, 1 × 15kg female bar
• Fixed-weight barbells (×3)
• Trap / hex bar (×1)
• Wall-mounted multi-bar barbell storage rack
• Hex dumbbell set on A-frame vertical rack (approx. 2kg–35kg)
• Hex dumbbell set on 3-tier horizontal rack (includes blue neoprene lighter weights)
• Kettlebells - mixed weights (approx. 10–12)
• Slam bags / sandbags (×4) - 5kg, 10kg, 15kg, 20kg

Machines & Cardio
• Concept2 SkiErg (×2)
• Air bike machines (×2) - Air Bike Classic / In Action
• Concept2 RowErg rowing machine
• Concept2 BikeErg
• Cable / functional trainer - dual pulley

Functional & Accessories
• Pull-up rack
• Flat weight bench (UKSF)
• Incline / multi-level bench
• Medicine balls (×5, mixed weights) with rack
• BLKBOX plyometric boxes (×2) - 20cm, 30cm
• Free-standing punch bags (×3) with bases
• Boxing gloves - multiple pairs (incl. RDX)
• Punch mitts / focus pads - multiple pairs
• Gym steps / Reebok aerobic step platforms (×4) with risers
• TRX band
• Resistance bands - colour-coded set (Red, Yellow, Green, Black, Purple)
• Foam rollers (×2), grip handles (V grip, wide grip, rope grip, single arm ×2 sets), weighted belt
• Wobble / balance board
• BLKBOX exercise mat
• Yoga / exercise mats - multiple

AV / Tech / Security
• TV monitors (×8) - LG ceiling-mounted, Toshiba wall-mounted
• Apple iMac - front desk / reception
• iPad / tablet with adjustable desk mount
• Computer monitor - back office
• JBL Professional wall-mounted speakers (×2 ) with audio amplifier / mixer
• ToneCo. Interval timer system
• Hikvision NVR (CCTV recorder) and multiple CCTV cameras (Delta Protection)

Furniture & Storage
• Front desk / reception counter
• Reception shelving unit and bar stool
• 9-cube shelving storage units (×2)
• Back-office workbench / shelving

Fixtures, Fittings & Safety
• Air conditioning unit (Fujitsu) - see warranty details in Section 9
• Large wall mirrors
• Approx. 90m² rubber gym floor tiles
• NOCCO branded glass-door display fridge
• Stainless steel floor-standing water cooler / dispenser
• Russell Hobbs microwave
• Electric kettle
• Electric fan heater
• Fire extinguisher
• Pyronix intruder alarm keypad
• Fire alarm control panel
• Wet floor sign, noticeboard / pin board

Customer changing room with shower, toilet and wash hand basin.

Office / store room. PRICE:
THE SALE WILL BE BY THE WAY OF SHARE TRANSFER.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
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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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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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The data showed regarding this advert 'Gym optional Franchise for Sale - M5974 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.