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Gym (Optional Franchise) For Sale In North London

North London, London, UK
Asking Price:
£95,000
Turnover:
£87,100
Net Profit:
Undisclosed

PARKING FOR 5 VEHICLES

SINGLE FRONTED AIR CONDITIONED PREMISES, CCTV (5 cameras), professional no slip flooring, suspended ceiling with LED lighting.

Reception area with desk, etc.

Fully equipped gym with;

Weights & Barbells

• Squat rack / power rack (×2) with barbells and weight plates (2.5kg–20kg), including UKSF bumper plate set

• Olympic barbells (×3) - 2 × 20kg, 1 × 15kg female bar

• Fixed-weight barbells (×3)

• Trap / hex bar (×1)

• Wall-mounted multi-bar barbell storage rack

• Hex dumbbell set on A-frame vertical rack (approx. 2kg–35kg)

• Hex dumbbell set on 3-tier horizontal rack (includes blue neoprene lighter weights)

• Kettlebells - mixed weights (approx. 10–12)

• Slam bags / sandbags (×4) - 5kg, 10kg, 15kg, 20kg

Machines & Cardio

• Concept2 SkiErg (×2)

• Air bike machines (×2) - Air Bike Classic / In Action

• Concept2 RowErg rowing machine

• Concept2 BikeErg

• Cable / functional trainer - dual pulley

Functional & Accessories

• Pull-up rack

• Flat weight bench (UKSF)

• Incline / multi-level bench

• Medicine balls (×5, mixed weights) with rack

• BLKBOX plyometric boxes (×2) - 20cm, 30cm

• Free-standing punch bags (×3) with bases

• Boxing gloves - multiple pairs (incl. RDX)

• Punch mitts / focus pads - multiple pairs

• Gym steps / Reebok aerobic step platforms (×4) with risers

• TRX band

• Resistance bands - colour-coded set (Red, Yellow, Green, Black, Purple)

• Foam rollers (×2), grip handles (V grip, wide grip, rope grip, single arm ×2 sets), weighted belt

• Wobble / balance board

• BLKBOX exercise mat

• Yoga / exercise mats - multiple

AV / Tech / Security

• TV monitors (×8) - LG ceiling-mounted, Toshiba wall-mounted

• Apple iMac - front desk / reception

• iPad / tablet with adjustable desk mount

• Computer monitor - back office

• JBL Professional wall-mounted speakers (×2+) with audio amplifier / mixer

• ToneCo. Interval timer system

• Hikvision NVR (CCTV recorder) and multiple CCTV cameras (Delta Protection)

Furniture & Storage

• Front desk / reception counter

• Reception shelving unit and bar stool

• 9-cube shelving storage units (×2)

• Back-office workbench / shelving

Fixtures, Fittings & Safety

• Air conditioning unit (Fujitsu) - see warranty details in Section 9

• Large wall mirrors

• Approx. 90m² rubber gym floor tiles

• NOCCO branded glass-door display fridge

• Stainless steel floor-standing water cooler / dispenser

• Russell Hobbs microwave

• Electric kettle

• Electric fan heater

• Fire extinguisher

• Pyronix intruder alarm keypad

• Fire alarm control panel

• Wet floor sign, noticeboard / pin board

Customer changing room with shower, toilet and wash hand basin.

Office / store room.

LOCATION: Occupying a corner position, unopposed trading position, residential area, NORTH LONDON.

TURNOVER: WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w. - £1,750 p.w.

Presently the business has 110 members paying monthly subscriptions.

STAFFING: The business is at present operated by the self employed manager with the assistance of 3 part time staff and 3 personal trainers.

PRICE: THE SALE WILL BE BY THE WAY OF SHARE TRANSFER.

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

ADDITIONAL INFORMATION AVAILABLE INCLUDING; RENT, LEASE TERMS, OPENING HOURS, BUSINESS RATES AND REASON FOR SALE VIA THE 'CONTACT BROKER' BUTTON

Property Information

Property:

Leasehold