Business for Sale in Yeovil - Immaculate GYM/PERSONAL FITNESS CLUB, major expanding SOUTH SOMERSET town - Leasehold: Nil Premium

Key Information

Entertainment & Leisure Businesses: Gyms
England: Somerset
For Sale
Annual Sales
£67,848 Ex Vat
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Immaculate GYM/PERSONAL FITNESS CLUB, major expanding SOUTH SOMERSET town, enjoying easily accessible out of town location, borders popular residential areas, business parks/trading estates, benefits anticipated from new housing developments. Superb purpose built modern detached premises, extending over 2 floors, approx. 4,700 square feet, plus car park and an abundance of free unrestricted on street car parking. Particularly well presented, provides reception, comprehensively equipped main gym/fitness area to include cardio and free weight sections, equipment replacement cost in the region of £150,000, all serviced and well maintained, separate studio, treatment rooms, office, changing rooms and sauna. Long established business, respected for the personal service provided, currently operated at low level to suit vendor circumstances, approx. 160 regular members, Income 2017 £67,848, in excess of £50,000 due from committed/paid up membership fees, considerable scope to increase income through promotion and offering of classes which is not currently undertaken.

Owing to pressing health concerns, the vendors are now offering the lease and existing membership base ( including outstanding membership fees ) at £nil premium. The equipment may be available separately.

Ref: M33845X

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