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New Price Energie Fitness Club Franchise In Solihull For Sale

Solihull, West Midlands, UK
Asking Price:
£50K - £100K Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
Available on request

Energie Fitness Solihull opened in May 2019 and is still well within the first year of trade.

The club is a town centre, 1st floor site, located in a prominent roadside position, situated on the Warwick Road opposite House of Fraser, 2 minutes walk from the Midland's popular shopping destination, the Touchwood Centre.

Energie Fitness Solihull comprises of a fully air-conditioned gym with state-of-the-art Precor Cardio and Cybex (and Precor) Strength, free weights and stretch area, a group exercise studio, male and female changing pods, and The Yard - the HIIT functional boutique training space.

Opportunity to acquire by refinancing current bank borrowing.

Property Information

Property:

Leasehold

Lease Terms:

10 year term - rent commencement date January 2109

Leasehold Rent:

60,000 (currently half rent until June 2020) per annum

Location:

Solihull town centre, within the retail and corporate sector.
Solihull boasts a population of over 200K

Premises Details:

First floor, 6,000 sq. ft.
Above the exclusive and contemporary Loaf furniture store (what was once Argos)

Size in square feet:
c. 6K sq. ft.
Planning Consent:

D2 approved

Business Operation

Competition / Market:

Limited town centre competition.
All other fitness operators are situated on the outskirts of town or in the residential areas north west of the centre.

Reasons for selling:

Health reasons

Trading hours:

Mon - Fri 6:00am - 10:00pm

Sat - Sun 8:00am - 8:00pm

Employees:
4 employees
Years established:
less than 1 year (May 2019)

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The club trades under an Energie Fitness license. The acquisition is available to an Energie approved franchisee. A license would need to be procured prior to completion so all the necessary training and support could be put in place.

Other Information

Support & training:

Full support and training offered by the franchisor, Energie Fitness.
Includes: sales, marketing and re-launch campaigns, financial management, operational process, support and KPIs

Financing available:

equipment leases can be novated across to buyer
BUT, new price (from vendor) whereby down payment of just £50K - £80K takes a FULL asset purchase with no bank funding liability!

Furniture / Fixtures value:
£290,000 - included in the asking price
Inventory / Stock value:
£2,000 - included in the asking price
Website:
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