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The franchise was just awarded as the number 2 franchised company.
Equipment all brand new state of the art kit. This business is a MUST SEE and a great opportunity for an investment. I have done all the hard work by setting the business up. It has only been open for 5 months and has over 1400 members already. Have doubled in size since opening and continually growing.
The business does not need any major improvements for 5 years minimum. Rent is 10 years with the landlord and have 10 months rent free.
Staff are all in place and so are all the accounts.
This would be a very easy transition as you would just need to purchase the company, staff have already been trained and can run the business by themselves.
All the relative paperwork has been done. Have a contract with local paper for advertising for the whole year. Have had various media release from several other outlets as well as the BBC.
Provide further info on request.
Sale would be to take on the bank loan and leasing equipment that is all being paid by the gym on a monthly basis. Thus just providing cash that was invested in the business. No extra.
This opportunity only arises due to personal reasons and moving abroad. If someone is happy to be in partnership with myself then I will be more than happy to still be a part of the company.
If interested, please contact the seller through the form on this page.
All sensible offers considered.
10 month rent free period, 10 year break clause.
20 year lease.
£30,000 per annum
Building shared with other offices
Massive influx of extra 10k people in the area in the next few years. Other gyms in the area very likely to close down this year.
Total 13 gyms in the area. One other 24 hour who has opened up at the same time and with similar numbers. The smaller ones in the area are all struggling as we both have opened.
Have to read terms of franchise agreement.
Franchise provide all the support
Financing has already been done for all equipment and can be transferred over if you have good credit rating.
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