Well Established, LADIES ONLY Gym & Fitness Business

 

Business Reference: TEC/9002/DF/5016

Business Description

The Exit Co welcomes to the market an exciting opportunity to acquire on a Leasehold basis, an exceptionally well run and performing gym located within a busy local Tyne & Wear community. This exciting opportunity has been under the careful & meticulous ownership of our client since 2019, only now does the business come to market as our client is looking to pursue ventures new.

The business boasts an excellent reputation with tremendous reviews, with customer comments stating “Amazing gym and a great team that really motivate and inspire you to reach your goals” Our client is offering a hand over period to ensure the continued success of the business. There is further scope to increase turnover by undertaking a robust localised marketing campaign via local press & social media. This gym has very little competition around the local area and would be a great opportunity for any purchaser with experience in the industry. Of particular success has been their investment in LADIES ONLY Sessions both within both Gym & daily Classes.

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Business Features

  • EXCLUSIVELY - Ladies ONLY
  • Excellent business website
  • Instagram page - ALREADY ESTABLISHED
  • Facebook – over 1000+ followers
  • 121 individual PT sessions
  • Online training to specific clients
  • All Modern & Well Serviced equipment
  • Excellent location
  • Highly trained coaching team in place
  • Business in a box
Location: Tyne & Wear
Leasehold: We are advised that the business is being sold on a Leasehold basis, on a rolling agreement. New lease to be agreed with a new purchaser. Subject to satisfactory financial approval.
Turnover: £100k +
 

Property Information

The business is located within a modern, well-fitted unit and briefly comprises a Main gym area fitted with various fitness industry equipment that has been maintained to an excellent standard. Separate office area fitted with a range of modern office furniture & equipment. Showers / 4-6 person Sauna/ w/c facilities A full list of equipment can be supplied and available upon request The business is well signed and easily visible

Reason For Selling

Selling Price £65,000 to include the transfer of the lease to a new leaseholder, all equipment, fixtures and fittings. The present owner is seeking ventures new, but will provide a reasonable handover to any new interested parties. This is a genuine sale and is supported by some excellent trading accounts

Lease Terms

The property is held on a lease. Presently the business has two years remaining from a 5-year lease, but the landlord is willing to grant a new lease for either 5-year or 10-year according to the desire and future plans of any future new leaseholder. There is also a seperate compilmentary concession offering ladies skin care treatments which contributes almost 1/3 of the monthly rental

Gallery

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T. 0191 230 6370

E. info@theexitco.co.uk



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