Stockport Thriving 30 Minute Ladies Only Fitness Centre For Sale

Business description

The business was established in 2007 with an active membership of circa 600. This continues to grow month on month, as do sales revenues and profitability. Attrition rate is low due to the high levels of service and the success gym members enjoy.

The Gymophobics concept is based on a 30 minute, 10 station circuit workout, which combines five different exercise modalities i.e. cardiovascular, isotonic, isometric, calisthenics and stretch in one 30 minute session. This is unusual as most exercise regimes focus on just one (occasionally two) types of exercise. Our client has invested a significant amount in the building as well as high quality fixtures and fittings.

Monthly Direct Debit Membership in Excess of £6000.00, Increasing Monthly Membership, Extensive Modern Equipment, Fantastic Scope for Growth, Beautifully Presented Throughout, Spacious 4 Storey Premises Approx 2500sqf, Private Parking

Property information

Property:

Leasehold

Lease terms:

We are advised that the property is held on a 10 year lease which commenced on 17th August 2007. The annual rent is £18,000 exclusive (correct as advised on 09/02/12). With an optional break clause in 2013. Next rent review will be August 2014.

Leasehold rent:

£18,000 per annum

Location:

Well known and popular ladies only gym, situated in the heart of the Town Centre.

Premises details:

Excellent 2,500sqf business located over 3 floors with private parking for approximately 15 cars.

Business Operation

Trading hours:

Monday – Friday 9 00 – 20 30
Saturday & Sunday 9 00 – 14 00

Employees:

Managed by the owner with 1 x full time and 3 x part time members of staff.