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Highly Sought After Gym Business In North Kent For Sale

North Kent, Kent
Asking Price:
£120,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£130,000
Net Profit:
Available on request

This gym is part of a large worldwide Franchise business. With modern secure technology, it is open to members on a 24 hour basis. The Franchise uses high quality equipment, in a clean environment, with staff providing a warm and friendly atmosphere to enhance the experience. More than just a place to work out, it is a community of people who come to pursue their fitness goals.

The membership is sourced from Chatham and the local towns near to it, including Rochester, Gillingham and Strood. Demographic reports show a population of over 150,000 within a 10 minute drive, offering significant opportunities to develop the membership base. Members also benefit from discounts to other local businesses, providing further incentives to join.

Members are allowed to use any gym in the 4,000 strong Franchise network across the globe, of which 150 are based in the UK.

Franchise Owners receive comprehensive support across the key business areas. Ongoing training is provided to Owners and staff, with scheduled courses at the Support Office in Watford or at supplier’s training rooms. In addition, some training is provided remotely using webinars. There are comprehensive materials and operations manuals supplied online using the system dashboard.

The equipment is owned outright, reducing the cost of operating. Following a flood above the premises, the gym was refurbished in 2018.

Property information

Property:

Leasehold

Location:

The Pentagon Shopping Centre, Chatham.
It is next to the High Street and opposite the Medway coach station.

Premises Details:

The business is located in the modern shopping centre and was refurbished in September 2018.

Size in square feet:
The premises is 4,500 square feet in size.

Business Operation

Expansion Potential:

The gym has a capacity in excess of 1000 members and membership is currently at under half this. In addition to Chatham, the gym has the potential to reach into Rochester, Gillingham and Strood for new marketing opportunities.

Reasons for selling:

The current owner has operated the business for 2 years and is now seeking to relocate to New Zealand.

Trading hours:

Available to members 24 hours a day

Employees:
4 Employees of which 2 are full time
Years established:
5 years (since 2013)

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Excellent Support, Training and Marketing provided by the Franchisor

Financing available:

Banks have been willing to lend to this Franchise in the past.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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