CoGoGo are delighted to welcome to the market Polaris Fitness Studio, a highly rated fitness and wellness business in Watford.
Polaris Fitness Studio was first established by our client in 2015. The business is extremely popular within the local area, building up an excellent reputation and regular customer base.
The business has now come to the open market due to our clients desire to pursue other business interests.
Polaris Fitness Studio offer personal 121 training, providing individual training plans which help build sustainable exercise and nutrition habits. Their program suits people who are looking for the following goals –
Reverse the damage the lockdown had done for body & physical health
Build or rebuild positive eating habits that support you health & fitness
You’re concerned about your health and want to boost your immunity
You want to get heathier, fitter and stronger and stay that way for the rest of your life
Your getting tired of ‘quick fix’ programs and are willing to dedicate 6-12 months to getting in shape the sustainable way
You want a supportive coach to hold you accountable and keep you consistent through the program
Clients can choose the right program which suits the number of visits they can attend per week with an agreed timeframe using the facility of monthly direct debit scheme and attracts both local residents and the many professionals who live/work within the area.
This modern gym studio includes cutting-edge equipment featuring cardio, strength, and functional training options.
Key selling points -
Prime location
Excellent reputation
5 star Google reviews and reviews available on their social media and websites
Very well established since 2015 – Polaris has become an integral part of the Watford community
Modern and well maintained equipment
Strong membership base
Consistent year on year performance
Currently staff run
Opportunity to increase both sales/profit
Scope to improve -
Add more instructors to the team
Extend the availability of 121 sessions (currently closed during 12-5pm)
Increase social media & advertising
Extend general opening hours
A full breakdown on all the equipment/machinery included in the sale can be made available upon further request.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £56,000. Further financials can be made available upon request.
