Gym And Tanning Studio In Coalville Leicestershire For Sale

Business description

We are delighted to offer for sale this popular gym and tanning salon, which was established by our client in 2000 and which is only now offered to the market due to our client's wish to retire. The business is run at a pace to suit our client and trades 6 days a week, generating a turnover in the region of £36,000 per annum with a gross profit of 99%, derived from gym memberships and the tanning salon. We feel the turnover could be further increased by extending opening hours and perhaps introducing personal training sessions. There is also the opportunity to establish a website and other treatments, such as beauty treatments or massages. The business is currently a ladies' only gym and has 15 members with huge scope to increase. Our client has gained a loyal customer base and enjoys much repeat trade. We have been advised that the value of the equipment included in the sale exceeds the asking price. The premises are well-equipped to suit the trade with extensive equipment, most of which has been recently purchased. This is an ideal opportunity to acquire an already popular gym and tanning salon with huge scope for future growth. Early negotiations with us must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 7 years
Remaining: 7 years
Review: every 3 years
Rent: £150 per week

Location:

The Nile occupies substantial 2-storey premises, ideally located on a busy main road in the heart of Coalville, Leicestershire. The business enjoys a high footfall and is surrounded by a variety of complementary shops and businesses. The premises occupy a prominent trading position adjacent to a large supermarket and close to the town's amenities. The business is surrounded by a number of residential properties, from which it draws much trade. Coalville is popular with commuters due to its excellent road links with the M1 and M42. Leicester lies approximately 12 miles away, while Derby is 16 miles to the north.

Premises details:

Substantial semi-detached 2-storey gym and salon premises in a town centre location. Briefly comprising:

Ground Floor
• Gym with an extensive range of high quality cardiovascular equipment and weights, infrared sauna and changing facilities
• Bathroom with shower, WC and wash hand basin

First Floor
• 3 x rooms with horizontal sun beds
• 2 x vertical sunbeds
• Kitchenette
• WC with wash hand basin
• Reception area with desk and chairs

Business Operation

Trading hours:

Mon - Fri: 10:00am to 6:30pm
Sat: 10:00am to 3:00pm
Sun: Closed