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Businesses For Sale   >>   Essex Businesses For Sale   

Well Equipped Hi - Tech Health Club & Gymnasium

Location  Essex, United Kingdom
Asking Price Range  < $250K
Gross Revenues  $375355
Net Profit / Cash Flow  $54778
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1983
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Leased
Training  Support and training will be provided to ensure a smooth transition of ownership.
Reason for Sale  The vendor has decided he wants more time to focus on developing and expanding the CrossFit side of the business. This is a passion and a new venture that requires a much larger facility.

Description  
A Well-Equipped Hi-Tech Health Club & Gymnasium in Prominent Location Ref.CO167 Location Essex Asking Price œ 99,000 This is a great opportunity to acquire one of Essex's most famous gyms. A well-established Fitness Centre and Gymnasium established over thirty years ago that the vendor has been operating for the past 4 1/2 years. During that time the club has undergone extensive refurbishments and been fully refitted with high tech work-out equipment, a new male sauna, C.V. equipment, free-weights, fixed weights and a fully equipped strength and conditioning centre. This fantastic gym now has over 600 + active members who on average pay œ37 per month membership fee. The club has potential for 1000+ members and we are advised there are a few revenue streams within the business that are not running anywhere near their full potential. The wide range of high-tech equipment is all well maintained and serviced regularly to give a satisfying and efficient work out experience for members. Personal training sessions are available along with group training classes, massage osteopathy and beauty treatments. Every member receives continuous support, advice motivation, individual programmes and attention from personal trainers including valuable and responsive support. The club uses Ashbourne Management Software for membership management.


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