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Ladies Only Gym and Beauticians For Sale

 
Newcastle, Tyne and Wear, United Kingdom
 
Advert ref: BP020
 
FINANCIAL DETAILS
 
Asking price: £95,000
 
Sales revenue: < £200k
 
Net profit: < £100k
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
This is an established business which has been trading for a number of years but has recently been refurbished and revitalised. The premises are extensively fitted and equipped and comprise a ground floor beauty salon together with a first floor gym, changing rooms and separate aerobic studio facility.



GENERAL INFORMATION
 
Property: Leasehold

Lease terms
We are verbally informed that the property is LEASEHOLD. Held on a 25 year Lease from 2007 with 5 yearly rent reviews. Current rent £25,500 per annum. Interested parties should seek legal confirmation of this.


Location
The gym is in a good residential area and since the refit, member numbers are on the increase. The business is an ideal opportunity for an owner/manager to drive forward and offers huge potential in the right hands


 
The Business Partnership - North East
 
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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