 | Womens Health and Fitness Centre For Sale Wiltshire, United Kingdom Advert ref: 3236PS FINANCIAL DETAILS | Asking price: £55,000 Sales revenue: < £200k Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership is pleased to offer for sale this womens only gym in Wiltshire:
• Niche offering of 30 minute workouts on resistance equipment
• Established in 2002
• 180 members
• Low overhead
• Earning for owner manager in the region of £31k
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GENERAL INFORMATION | Years established: 5 years
Employees: 4 part time
Trading hours: 9am – 7.30pm Mon to Fri
Property: Leasehold
Lease terms
The business has 2 years remaining on a 2 year lease with annual rent/rates of £9,624. A new longer lease may be negotiable if desired by the Purchaser.
Location
Ideal town centre location.It occupies the spacious first floor with dedicated access from the main street.
Expansion potential
Clearly the key to achieving higher profitability is higher turnover. This can be achieved through higher membership – Current membership of c180 is 70 lower than what has been achieved and only half of its potential capacity. Additional sales can be achieved through health food sales.
The current owner have not been able to focus on marketing in recent years and believes that an owner manager could achieve significant increases.
Support & training
A comprehensive handover will be included with the sale of the business.
Reasons for selling
The current owners live on the South Coast where they manage other Womens gyms. They cannot provide the time to this site to achieve its true potential.
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The Business Partnership - Gloucestershire, Oxfordshire and Wiltshire | | | |
