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Asking Price$393,368
Revenue$629,389 Established2014
Cash Flow$143,043 Employees2 full, 1 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Boutique High Intensity Physical Fitness Studio
Ref. CO173
Location : City of London
Asking Price : £275,000
Asking price includes:

Projected 2016

Turnover circa £440,000 per annum

Gross Profit c£130,000

Net profit c£100,000

Net asset value £60,000

Client base in excess of 800 clients per week

Investment in top of the range equipment

Catering for all fitness levels

No membership requirement

Pay as you go concept
This is an excellent opportunity to purchase a high end boutique gym/physical fitness centre based in the City of London.

The vendor created this high intensity interval training (HIIT) centre in 2014, obtaining approval from a main city landlord. The premises were completely refurbished and fitted out to an exacting high standard. This concept training facility is unique to the area and offers various gym equipment with £140,000 having been spent on running machines alone. HIIT has become a popular way to burn more fat and is a training method that is effective for many people. Results can be achieved spending less time in the gym with great results, a great recipe for working people.

Based in the city the studio now attracts in excess of 800 clients per week for training classes or personal fitness sessions on a pay as you go concept. The target market being city workers who can train before work, during lunch or after the working day.
Facilities:Location is the key word here. Situated on a lower level in an office building in the middle of the city, this high intensity fitness centre attracts many city workers. Investment has been made on fitting the centre out to a very high standard as would be expected for the location. The premises are leasehold for 10 years with a 5 year break clause. Annual rent is £45,000 per annum. The centre is secured with an alarm and CCTV installed.
Competition:The business has a professional website where classes can easily be booked on line and uses popular social media sites.
Growth Potential:The business has an excellent market outlook and additional marketing should certainly increase the customer base in the future. Physical Fitness is continuing to be a popular past time. This business is situated perfectly for the many office workers in the City who wish to improve their physical fitness and stamina.
Training/Support:The vendor is happy to provide support and training for the new owners, if required.
Sale Reason:Additional investment would benefit the business
Ad #79863
Seller Reference #CO173
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Contact This Seller
Turner Butler
0044 1895256000
Email Address