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Established My Gym Franchise Based In South London For Sale

London, UK
Asking Price:
£250,000
Turnover:
£280,000
Net Profit:
Available on request

Franchise Resales offers a fantastic opportunity to acquire an established My Gym franchise in South London with a stellar reputation, supported by 230+ Google reviews averaging 4.9 stars.

My Gym, a global leader in children's classes with 40+ years of experience across 600 locations in 30 countries, presents a unique chance to join a leading brand at an attractive price.

The current franchisee established this resale in November 2017 and currently generates monthly profits ranging from £2,000 to £10,000.

Membership fees range from £49 to £69 every four weeks, with 285 current members, and the potential to grow to 400-500 members for increased profits.

The business model derives revenue from structured age-appropriate classes, birthday parties, camps, and special events. Birthday parties start at £299, averaging £376 per party in 2022. Camps and special events contribute an additional £1,100 per month.

Secondary income sources include retail items, snacks/drinks, open stay & play sessions, and classroom subletting.

The gym features an £81,000 internal fit-out, including carpeting, laminate flooring, air conditioning, CCTV, fire alarms, and more. Equipment worth £35,000 covers swings, zip wires, trampolines, climbing frames, and various play items.

The franchise fee provides access to weekly programming, graphic design support, a website, and ongoing assistance from the franchisor, making it an excellent opportunity for individuals with strong business acumen and management skills.

This resale offers a chance to positively impact the lives of children without requiring prior sector experience, making it an ideal opportunity for potential owners.

Property Information

Property:

Leasehold

Leasehold Rent:

£34,950 per annum

Location:

This brand does not operate via a postcode territory; a My Gym territory is an area within which there are 3000 to 6000 children under the age of five, and 3000 to 6000 children between 5 to 9 years old plus. It also consists of a buffer zone (a My Gym cannot be opened in the buffer zone, but buffer zones can overlap) around it of equivalent size. A territory map is available upon request.

Premises Details:

The venue comprises a total of 2,700 square feet, with 1,700 square feet dedicated to the play area, 250 square feet designated for the party room or classroom, 150 square feet allocated for storage, and 450 square feet reserved for the lobby, restroom, and a separate area for baby changing.

Business Operation

Expansion Potential:

Please discuss with Franchise Resales

Competition / Market:

The competition within the area is very minimal.

Trading hours:

09:00 - 18:00 every day apart from Wednesday.

Employees:
9
Years established:
Established in November 2017

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full Support and Training will be provided

Website:
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