Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

New 24 Hour Gym 1400+ Current Members Business For Sale

Bridgwater, Somerset
Asking Price:
£200K - £500K Furniture / Fixtures and Inventory / Stock included
Turnover:
£360,000
Net Profit:
£50K - £100K

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.

Property information

Property:

Leasehold

Lease Terms:

10 month rent free period, 10 year break clause.
20 year lease.

Leasehold Rent:

£30,000 per annum

Location:

Business park

Premises Details:

Building shared with other offices

Size in square feet:
4,500

Business Operation

Expansion Potential:

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.

Competition / Market:

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.

Reasons for selling:

Moving abroad.

Trading hours:

24 hours

Employees:
11
Years established:
0

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Have to read terms of franchise agreement.

Other Information

Support & training:

Franchise provide all the support

Financing available:

Financing has already been done for all equipment and can be transferred over if you have good credit rating.

Furniture / Fixtures value:
£600,000 - included in the asking price
Inventory / Stock value:
£20,000 - included in the asking price
Website:
Login or register to view link
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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.

  2. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here