Health & Fitness Club For Sale

Business description

Health & Fitness Club with Comprehensively equipped gym

This business was founded 7 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:
• Modern sunbeds
• Beauty consultancy
• Fully equipped gymnasium
• Spa area

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.

Activities are divided into 7 key areas:
Fitness
If a customer is looking for a gym that has it all, then they need look no further. The business offers a wide range of state-of-the-art equipment to help every customer reach their fitness goals and monitor progress at all key stages. Whether looking for a cardiovascular workout, a new body shape with improved muscle tone or enhanced strength for a particular sporting activity, this business caters for all.

Through highly knowledgeable consultancy staff the business will also assist in lowering cholesterol levels, decrease the risk of osteoporosis or diabetes and provide guidance when recuperating from an injury or surgery.

Aerobics
The studios are light and airy with nothing to distract from a customer’s activity of choice whilst at the same time developing stamina, suppleness and strength. Customers can choose from a variety of aerobics classes choreographed to music designed to make a workout fun. Yoga and Pilates classes are both offered teaching customers to focus on core strength, breathing, stretching and meditation - to enhance mental and physical well- being. Classes are available at all levels, something to suit all standards.

The popular Aerobiking is also offered and with a motivating instructor leading the way, legs, arms, shoulders, abdominals and neck each receive a superb aerobic workout.

Spa
The club is well known for its Sauna, Turkish Steam Room and Jacuzzi Spa, all three are popular for unwinding after a hard day or strenuous workout.

The spa: Heated to blood temperature, the spa has upward and side jets creating an all over body massage.

The sauna: A favourite for relaxation, the sauna is hot and dry to help relax muscles after exercise.

The steam: Not as hot as a sauna, eucalyptus-filled steam is useful for assisting the cardio system and helping to detox and cleanse skin and muscles.

Joining one of the regular Aqua-Aerobics classes enables members to have a fun, effective and impact-free workout.

The free weight gym has an unbeatable range of free weights equipment including:
• 2 Smith Machines
• 2 Squat Racks
• Lifting Platform
• Cable Cross-Over
• Dumbbells weighing up to 70kg and over 2500kg of lifting plates.

The club also has an extensive range of other lifting machines. Experienced staff are always available to help customers use these facilities safely and effectively.

Hair & Beauty
It is not only possible to feel good at this club but also look good too.

Corporate
The well subscribed Corporate Membership has several blue chip companies as clients:

Monthly Corporate Membership

Membership for Partners

Annual Corporate Membership

The business enjoys a prime location in the heart of this famous county and benefits from its offering catering for all abilities and interest available to all ages with a welcoming attitude and also as a high quality venue for all the listed fitness activities. An added benefit not usually available in such a busy part of the county is a considerable parking area suitable for up to 20 vehicles which can be extended by negotiation with the vendor’s landlord for an adjacent property.

The welcoming, comfortable gym is fully equipped with both machines and free weights and provides excellent facilities for aerobic exercise such as treadmills and rowers and also full changing and showering facilities.

The very friendly and exceptionally well maintained gym and facilities measure approximately 27,000 square feet on two floors and has proved essential for those either learning the basics of fitness or the experienced maintaining their commitment to fitness.

Within the property there remains significant scope for further developments concerning such added value services as retailing, further catering and also there remains capacity to exploit unused time capacity and increasing memberships.
The business is an excellent opportunity for any investor seeking an opportunity to invest in a successful business that has an in depth knowledge about their services and significant scope for growth.
Customer Service
The business considers simply that happy customers come back and on that simple basis has maintained levels of facilities and service quality intended to best guarantee that happiness. The results of this commitment are evident in the degree of return custom and the choice of customers as a venue for introducing themselves to or maintaining fitness.

Property information

Location:

The business is located in an easily accessible area in Cambridgeshire and operates from a circa 42,000 square feet area including machines gym, reception, retail area, free weights gym and changing & toilet facilities, sauna and sunbeds with a further area for expansion and development.
The premises are leasehold with rent payable annually of £175,000 and has a further 14 years remaining on a renewable agreement. It is believed that the Landlord would be amenable to the possibility of selling the freehold.
The site benefits from CCTV security combined with a full alarm system and keyholder service backed up by a fully lockable main access gate.
The gym is open from 6:00am to 10:00pm Monday to Friday and 8:00am to 5:00pm Saturday and Sunday.

Other information

Expansion potential:

The current market for this business’s products is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
There are areas for expansion and growth within the current business set up since there are no full catering or extensive retailing facilities on site. Another key area for growth remains in the potential to expand the upper floor and offering further services.

Competition / Market:

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 and strong word of mouth recommendation.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

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.