Asking price: £650,000

Sales revenue: £110,000

Net profit: £65,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The business operates as a mixed gymnasium, offering a large range of cardio-vascular, resistance and free weights equipment. The business also offers a ladies only gym which is available on the first floor. Many of the fixed resistance weights have been specially designed and fabricated by our client, from his own workshop housed on the lower ground floor and is included (fully equipped) in the sale. .

Employees: The business is operated by 4 part time instructors who share all reception and gym duties.

Trading hours: Monday - Friday 9.00am – 9.00pm Saturday and Sunday 10.00am – 3.00pm

Property: Freehold

Location
The business occupies a prominent main road location in Brierfield, near Nelson, Lancashire.

Expansion potential
Our client believes that the business could be developed in the following areas: • A 'hands on' owner/operator would be able to concentrate more on the day to day operation of the business and could reduce overhead costs. • Increased marketing, possibly through mail shots or the creation of a website.

Reasons for selling
Other business and personal interests