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Archived

Well Established 24 Hours Gym With 670 Members For Sale

Greater Manchester

  • Asking Price: £299,995 +SAV
  • Turnover: We are advised that the business generated a turnover in the region of £204,000. Full financials can be made available upon further request.

    Please quote reference B07068

  • Tenure: Leasehold

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Please quote reference B07068

Hilton Smythe are delighted to welcome to the market a highly rated 24-7 gym based in Greater Manchester.

The business was established by our client in 2017, building up an excellent reputation and loyal client base.

Only now does the business come to the open market due to travel commitments.

This 24/7 gym offers a wide range of equipment with over 55 stations.

Our client has invested over £30k by installing access control systems, turnstiles and security, enabling them to be fully automated and a 24-7 gym. This is a major USP for gym owners. making them very different to most
gyms. Everything in the gym is automated which makes it so you are not reliant on staff opening and closing the business.


Key selling points -

  • Excellent location
  • Healthy walk in ‘pay on the day’ footfall
  • Run similar to any comparable commercial gym model
  • Large space with low running costs
  • Fully qualified team in place
  • Personal training offered
  • Excellent level of customer service – 4.5/5 Google review score
  • Facebook – Over 3,500 followers – 5 star customer feedback score
  • Healthy income from vending machine/supplements
Scope to improve -

  • More advertising online/across social media platforms
  • Introduce a one to one gym programs
A full breakdown on all equiptment included in the sale can be made available upon request.

We are advised that the business has staff members in place. 

We are advised that the business hours are -

Monday to Sunday - 24/7

This 24/7 gym is located on a busy road on Greater Manchester.

The premises has excellent visibility from passing traffic and high levels of footfall.

The business occupies a large industrial unit on a busy road.

Ground floor -

  • Reception Area
  • Gym space 1
  • Office
  • Changing facilities
First floor (Mezzaine level) -

  • Gym space 3
External areas -

  • Private car parking for approx 10 cars
  • Free additional parking on adjacent streets

Tenure
We are advised that the business is being sold on a Leasehold basis, with 8 years remaining on the 12 year lease. The rent is £18,000 per annum.

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