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Large Health and Fitness Centre For Sale

 
Swindon, Wiltshire, United Kingdom
 
Advert ref: 3237PS
 
FINANCIAL DETAILS
 
Asking price: £150,000
 
Sales revenue: < £200k
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
• Longest establish gym in locality
• Three year contract with educational establishment to provide educational facilities
• Recently undergone major refurbishment
• New quality equipment throughout
Capacity 1500 - current membership of 350
• In the region of 12,000 square feet



GENERAL INFORMATION
 
Years established: 19 years
Employees: 5
Trading hours: 7 days per week
Property: Leasehold

Lease terms
For the past 20 years the business has had a rolling 6 month tenancy agreement with their landlord, the Network Rail. A new longer lease may be negotiable if desired by the Purchaser.


Location
The centre is located in a prime area close to the train station in the town centre. Its location is ideal for town centre workers, commuters, college students and those reliant on public transport.


Competition / Market
This is the leading independent health & fitness centre in this large town and one of the largest in the South West.


Support & training
A comprehensive handover will be included with the sale of the business.


Reasons for selling
The current owner has a chain of very successful martial art classes which currently takes up the vast majority of his time. He wishes to spend 100% of his time on this area.


 
The Business Partnership - Gloucestershire, Oxfordshire and Wiltshire
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30