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CO076-£550,000-Members’ Health & Fitness Centre

Asking Price: GBP 550000
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Business Location: United Kingdom » Others » The Midlands 
Category: Services » Health Care Services
Description:
Members’ Health & Fitness Centre
A privately owned club, with comprehensively equipped gym where members best interests always come first

Ref no: CO076
Confidentially offered for sale
Location: The Midlands
Asking price £550,000
This business was founded 12 years ago by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has been significantly invested in, growing in its time to become a well known and valued enterprise with a reputation for the quality and variety of its facilities, location, instruction, safety and value for money.

Facilities include:
· Fully equipped gymnasium
· Large aerobic studio
· Finnish saunas
· Fast Tan sunbed
· Beauty massage and fitness testing
· Supplements and canteen sales

This unique business offers customers an opportunity to spend time enjoying a comprehensive health and fitness experience, with members and guests use of the facilities flexibly offered. Discrete areas for retailing branded goods consistent with the theme of the business and refreshments are also offered. The business benefits from full air conditioning in the Bar, Gym and Studio
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1995
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
As the business has grown it has demanded more of the vendor’s time away from other business interests which he has chosen to concentrate on, thus leaving this growing opportunity to a new owner. After a total of 12 years at this site and a further 8 years before relocation, the vendor now wishes to pursue his new business interest
Market competition and expansion:
The business has used local newspaper and radio advertising combined with leaflet drops which could be combined with special mail-out promotions and there are excellent opportunities to increase these activities and to continue to invest in the club’s website to market the business more aggressively and to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service, strong word of mouth recommendation and internal referral scheme
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