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Business for sale in United Kingdom - Co130-health and fitness club-derbyshire

Asking Price: 795,000 £ Real Estate: Lease
Sales Revenue: 300,000 £
Net Profit: 1 £
Year Established: 2007
Employees: 11FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Derbyshire/Derbyshire

Business types:

Services

Business categories:

Health Clubs, Tanning Salons, & Spas

Business description

turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. This business was established in 2007 and has rapidly grown to become the most popular health and fitness club in the area, although the premises have been operating as a gym/health club for some 15+years. The owners have made significant investment in the business in that time and it has grown since to become a well known enterprise with a reputation for the quality and an extensive range of its equipment, facilities, location, discretion and value for money. This rather unique business offers customers an opportunity spend time enjoying a discrete fitness experience, with members and guests use of the facilities flexibly offered. Other areas for retailing allied services and goods consistent with the theme of the business are also offered within the package, thus enabling potential further revenue streams. The business provides a full package of facilities and services spread across its 22,000 square feet of space, laid over two floors, which include:- • personal training • cardio theatre • gymnasiums • swimming pool and spa • aerobic studio • luxury changing rooms • separate ladies and gents saunas • cafe bar (with fitted kitchen potential for a restaurant) • planet spin studio the vendors has made significant investment, and with hard work and entrepreneurial spirit have grown this business to become a significant enterprise with an established reputation for the quality of the facilities and the location. Added to this, is the high regard customers have in the ability of the club to provide newcomers to fitness and health clubs with the early skills and confidence needed to progress to the more demanding aspects of regular fitness. This is due to the knowledge, expertise and professionalism of the dedicated staff. The business enjoys a prime main arterial road location in a densely populated commercial area and benefits from its full service offerings and as a discrete, quality venue for all important fitness activities. The welcoming, comfortable gymnasium areas are fully equipped with both machines and free weights and provide excellent facilities for aerobic exercise such as treadmills and rowers, plus ultra modern exercise rooms such as their planet spin studio, swimming pool and spa, sauna’s and luxury changing facilities. The very friendly and exceptionally well maintained gym and facilities has proved essential for those either learning the basics of fitness or the more experienced maintaining their commitment to fitness. Within the property there remains significant scope for further developments concerning such added value services as retailing, catering, health and beauty spas and hairdressing. Also there remains capacity to exploit unused time capacity and massively increasing memberships, which currently run at circa 1,100, but with capacity of up to 3,000. With large rooms for exercise it would ideally lend itself to further related areas such as dance etc. And rooms could be rented out at various times for such enterprises. The company has tried to encompass all variants of today’s price conscious market by offering membership packages starting as low as £20 per month but, as will be seen on inspection, much scope exists for further development and expansion of profitability. The business is an excellent opportunity for any investor seeking an opportunity to invest in a successful business that has an in depth knowledge about their products and significant scope for growth. Customer service: this business believes its customers should experience highly rewarding levels of satisfaction each and every time they visit the club. This level of satisfaction is fuelled by the highest quality and range of equipment, products and services being provided, backed up by a truly professional yet friendly, level of service. The business’ staff is extensively trained in addition to on-the-job experience. This ensures that client’s individual needs are met, and that close attention to detail is maintained throughout the entire training process. Equipment: the company owns and operates an extensive and impressive inventory of equipment and machinery etc. In the daily smooth operation of its business. All such inventory is expected to be included in a successful sales package. Growth and expansion: expansion of key facilities such as catering and renting of spare retail space will make an impact on both turnover and profitability. Key opportunities: the business is located in a highly visible position on a main arterial route to and from derby city centre, and is visible from the headquarters buildings of several “blue chip” type companies close by, offering the opportunity for a full range of pre and post work fitness sessions. The club forms part of a larger business portfolio, and the owners now realise that for this large operation to grow and function to its fullest potential it will require the day to day attentions of a more hands on owner and their management team.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: The owners now wish to concentrate more fully on their other businesses
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The business premises are as previously described, extending to circa 22,000 square feet over two floors, complete with all previously described facilities including a heated swimming pool and spa pool. There is ample private parking both in front and to the rear of the building. The current owners own the freehold to the site, and will negotiate a new lease with the new owners. However, should the new owners wish, it may be possible to negotiate the purchase of the freehold, if required.

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