Fantastic, Functional Gym in the heart of Lancaster

Lancaster, Lancashire
REF: S07116

Asking Price:
£45,000
Annual Turnover:
£76,900
Annual Net Profit:
TBC
REF: S07116

Overview

Tenure:
Leasehold
Established:
2013
  • Well Established and Highly Respected
  • Fully Functional Gym and Personal Training Studio
  • Flexible Classes at Various Times
  • Sterling Online Reviews
  • Friendly and Knowledgeable Staff

The business for sale specialises in fantastic fitness classes all ran by personal trainers. With highly qualified and experienced staff, the gym is a welcoming environment for all ages looking to reach their fitness goals.

Established in 2013, the business has built an impressive database of loyal clients Not just a gym, the business provides personal training and very well attended large group “get-in-shape” programs. There is also a well-established training branch to the business that includes a wide variety of First Aid courses. Plus, they are the only private training centre offering Gym and Personal Trainer qualifications in Lancaster.

With a heavy heart, the vendor is selling due to relocation reasons. The business is now for sale on leasehold.

The gym is set on the ground floor of the office buildings. There is a reception hallway leading to the main gym which has a small office and various free weights, ropes and some tyres just outside. There is a classroom used for the courses, toilets with showers and then weights room with both fixed machines and free weights.

The business even has a fully-fitted gym containing cardio machines and weight resistance machines. In terms of marketing, the gym operates via their very professional website and social media platforms. Posting regularly online has resulted in a growing engagement with customers and prospective clients. The friendly and professional staff help those to get fit, gain confidence and drive them forward on their fitness journey. All equipment, displays, first aid dummies, weight machines, free weights are included in the sale.

The gym boasts a monthly membership of circa 200 which is paid by standing order, cash or BACS.

For further growth, the business could implement a stronger marketing strategy, focussing on SEO to drive more traffic towards the gym. The new owner could consider opening late on some nights to offer even more flexible hours.

The ideal buyer would be someone experienced in the industry, preferably a personal trainer looking to kickstart their career as an owner-operator. This opportunity would suit someone business-minded, passionate about fitness and looking to invest their time and efforts into taking the business to the next level.

The current owners are willing to stay on for a transitional period to help familiarise the new owner with the business operations.

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  • Centre of Lancaster
  • Ample parking available
  • Council-owned building
  • Thriving city
  • Close to local amenities
Rent
£32,400
Rates
TBC
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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