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.