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Franchised Ladies Gym In North London For Sale

(Ref: G.0.20.EL)

Camden, London, United Kingdom

Financials

Asking price: £20,000

Sales revenue: £56,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
Established in July 2005, the business is part of an internationally respected franchise. It
currently has 125 members, of which 106 pay by direct debit.

Years established: 4

Employees: One full time vendor, plus two part time.

Trading hours: Monday: 9 am - 12 pm / 4 pm - 7.30 pm. Tuesday: 9 am - 12 pm / 4 pm - 7.30 pm. Wednesday 9 am - 12 pm / 4 pm - 7.30 pm. Thursday: 9 am - 12 pm / 4 pm - 7 pm. Friday 9 am - 12 pm / 4 pm - 7 pm Saturday: 10 am - 12 pm Sunday & Bank Holidays: Closed

Property: Leasehold


Lease terms
We are advised that the current rent is £14,000 Per Annum and that the lease is due to expire In May 2010.We understand that the landlord would be happy to grant a new lease (subject to Status) Business rates are in the region of £4,300 per annum, (including the small business rate relief scheme.

Location
The business trades from lock up premises situated in the London Borough of Camden,
North London. It is close to underground stations and has ample parking nearby

Support & training
Full support from both franchisee and on going support from franchisor.


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