Benalmadena Fully Equipped Gymnasium Fitness And Beauty Centre For Sale

Business description

GYMNASIUM / FITNESS CENTRE WITH HAIR AND BEAUTY SALON. This excellent business opportunity has been established now for 2 and a half years, the price has been greatly reduced making it an absolute bargain buy. The substantial property commands an excellent highly visible corner location that enjoys and capitalises on a constant year round passing trade both by road users and pedestrians. Quality signage and pavement advertising certainly creates the desired impact, with the centre only in its infancy it is proving popular, with membership and day use increasing significantly week on week.

The Fitness Centre has been developed and is owned by a very experienced Gymnasium and Fitness instructor who has carefully thought out the design and general layout. The interior, which has greatly been extended, now boasts a total of 520m2, it is flooded by natural light which enters the property through large full height windows which gives users a natural sense of well being. There is a main gymnasium that contains and consists of a wide and varied selection of well maintained cardio vascular equipment including professional soft trac running machines, cross trainers, pro bikes, concept rowers, pro step, stepmill 7000, Stairmaster, spin bikes, multi trainers and specific work out stations – a full list with details of equipment is available on request. The equipment is conservatively valued at over 35.000 euros, this in addition to masses of free weights and other equipment that is included in the sale. The extended area, located and developed at the rear of the existing gymnasium, has boosted income and membership substantially, this area has cushion flooring and contains boxing equipment, the centre now offers boxing and kick boxing lessons. The additional floor space is ideal for dance and aerobics. An additional changing room with shower has also been installed.

There is a separate beauty room with massage table that offer a series of professional treatments. An independent Hair Salon facing the main frontage, with it's own entrance, was opened recently with the obvious benefits. The owner at present chooses to sub rent the Hair Salon, Nail Bar and Beauty Room and just concentrate on the Gymnasium operation, the current revenue from these rents are returning approximately half of the overall rent on the complete premises which in turn makes the gymnasium proportion very affordable and allows the opportunity to return much higher profits.

A large front terrace and private rear terrace are of great benefit to the business and there is also a spacious storage room in the basement.

We are informed by the owner, and it is transparent to see, that a lot of time and money has gone in to creating this Fitness Centre with all new installations, licenses, ladies and gentlemen’s changing rooms and shower facilities and a separate physically impaired bathroom. There is also further expansion and development possible in adjoining units that could see massive further growth in this sought after area.

The monthly rent for all this space and potential is just 2.300 euros plus iva and the asking price does not cover the financial investment made. A new owner would reap the benefits of all the hard work and funding that has gone in to this project but due to other UK unseen business commitments the owner cannot continue with the full hands on effort required with the business.

Kingsway Estates Spain is sole agent so please contact us for further details and to arrange an immediate viewing.

Property information

Real Estate:

Lease

Lease terms:

Monthly rent of 2.300€ is very reasonable considering the size of the property and the location.

Living accommodation:

We can assist you in viewing a good selection of residential accommodation in this area.

Location:

* Prime site
* Excellent passing trade

Premises details:

* 520m2
* Main gymnasium
* New area with cushion flooring ideal for aerobics, dance and boxing
* Hair salon currently bringing in rent of 1.000€ per month
* Accessible toilet and shower for the disabled

Other information

Support & training:

Full support will be provided.