 | Large Health and Fitness Centre For Sale Swindon, Wiltshire, United Kingdom Advert ref: 3237PS FINANCIAL DETAILS | Asking price: £120,000 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
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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.
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The Business Partnership - Gloucestershire, Oxfordshire and Wiltshire | | | |
