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Indoor Swimming Pool For Sale

(Ref: M2914)

Shropshire, United Kingdom

Financials

Asking price: £75,000

Sales revenue: £113,204

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
SWIMMING POOL approx 8 metres wide x 20 metres long with a maximum depth of 2 metres.

Reception area with rear office

Ladies' changing room with lockers, 3 showers

Gentlemen's changing room with lockers, 3 showers

Ladies' and gentlemen's cloakrooms each with w.c. and wash hand basin
Disabled cloakroom

The Pool provides access for the general public and offers various activities, including:
Aqua aerobics, toddler splash
Swimming lessons with numbers of 300 approx on a weekly basis
Children and adult swimming club, water polo, general practitioner referrals
Adult sessions and lane swims along with public swims, inflatable sessions and fun sessions
The local schools have a number of hours to school use, and the present owners work closely with the local council.

Employees: -

Trading hours: Monday - Friday inclusive - 9 a.m. - 7 p.m. however on Wednesday, Thursday & Friday the swimming pool is closed to the general public providing swimming lessons, which is more profitable, from 4 p.m. - 6 p.m. The swimming pool is then re-opened for public swims and adults in the evening Saturday open from 9 a.m. - 11 a.m. for swimming lessons and in our opinion there is potential for additional opening hours for the general public, if desired, and indeed the pool could remain open until 10 p.m. Sunday - 9 a.m. - 3 p.m.

Property: Leasehold


Lease terms
We understand the premises are held on a secure renewable Council lease, the present lease having approximately 4 years unexpired at a Peppercorn ground rent. RECOMMENDED FOR EARLY INSPECTION

Location
Excellent trading position, SHROPSHIRE

Expansion potential
WE ARE INFORMED the sales year ending 30th June, 2008 showed £135,159 with a gross profit of £88,101 (after salaries and wages of £38,805 and directors remunerations of £2,712.

Reasons for selling
TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Financing available
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.


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