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Well Equipped Gym - Gloucestershire for Sale

Gloucestershire

Leasehold : 120,000

This excellent leasehold well equipped gym is situated in the town centre of Cheltenham which is in Gloucestershire. The business has an ideal trading location on the first floor, above a retail shop, on one of the town's main high streets which also acts as a busy central through road. Cheltenham is a desirable business and residential location due to its excellent central shopping, fine housing, good schools, NHS services and beautiful neighbouring open countryside. The town offers famous racecourses, historic attractions and a welcoming and friendly community and benefits from being situated less than 3 miles away from the M5 motorway which links to the M6, M40 and M4 making visiting and commuting very easy.

WELL EQUIPPED GYM - GLOUCESTERSHIRE
Early viewing and interest is highly recommended
High amount of regular and repeat trade
Ideal lifestyle opportunity
Superb trading location
LEASEHOLD

Business History
Meridian Business Sales are delighted to offer for sale this superb gym business which was established by our client in 2011. Since the business was established our client has continually developed and improved the business, introducing new lines and income streams which has enchanted the business massively. The only reason this business is being offered to the market, is due to our client's desire to concentrate on other business interests. Our client informs us that the annual turnover currently runs at 40,000 derived from a range of memberships from clients who use the gym's facilities. The business is considered by many to be the number one gymnasium in Cheltenham. Our client has gone to considerable expense and effort on the presentation and equipping the gym including the Alter G anti gravity treadmill, the only one in Cheltenham area, used by physiotherapists to help overweight clients or clients with injuries. The facility is very well known throughout the local area and enjoys excellent levels of repeat and referral business. Currently the gym is used by 25 self employed personal trainers bringing their clients, together with the day to day customers. The business also supplies products catering for Vegans, gluten free diets, organic diets and diabetics via a website. There is scope to franchise this website which could be greatly improved with additional marketing which may increase income. This is a very well presented business which has enjoyed excellent levels of growth and is situated in one of the UK's most desirable towns. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest in this very successful business and as such early viewing is strongly advised as this superb business is not to be missed.


Trading Hours: Monday: 6:00am - 10:00pm
Tuesday: 6:00am - 10:00pm
Wednesday: 6:00am - 10:00pm
Thursday: 6:00am - 10:00pm
Friday: 6:00am - 10:00pm
Saturday: 6:00am - 10:00pm
Sunday: 6:00am - 10:00pm

 
Tenure: We are advised Leasehold
Original length: 6 years
Remaining: 2 years rolling
Rent: 18,000pa

 
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210 Advert ID 48214    Sellers Ref : 4401/BSOL

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