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Asking Price
£200k
Description
Price includes top of the range equipment at over £80,000. Exceptionally well presented & sizeable unit. Ideal facility in popular Shropshire town. Early viewing is highly recommended. Turnover £97,447 with high returns. Superb reputation in local area. Highly regarded business. Leasehold The business is very stable and enjoys a regular cash flow with 95% of the customers signing 6-12 month contracts which are mostly paid in monthly instalments by standing order. The gym sees a healthy amount of new customers provided by its superb location in a densely populated area and from good word of mouth recommendations. The business also has its own branded supplements which are sold directly from the gym and to other gyms on a wholesale basis. The business also has very good Internet sites for both the gymnasium and for the branded supplements which contribute to the turnover throughout the year. The gym is exceptionally well equipped with high quality resistance, cardio and free weight training facilities which offer a one stop shop exercise solution catering for all members needs. The property is also exceptionally well decorated and well presented throughout meaning that a new owner does not need to modernise for many years. This is a very well presented business situated in a highly desirable business area with a solid reputation and consistent trading history. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing of this superb business.
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