BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£55,000
Turnover / revenue:
£133,000
Net profit / cashflow:
£18,500
Trading hours:
Monday: 9am 1pm and 2.30pm 7pm
Tuesday & Wednesday: 9am 2pm and 2.30pm - 7.30pm
Thursday: 9am 2pm and 2.30pm -7.00pm
Friday: 9am 1pm and 2.30pm - 6.30pm
Number of employees:
6
Employees / staffing:
The business is operated by the two owners fully supported by four part-time fitness coaches plus one administration and retention specialist.
OTHER DETAILS
Reason for selling:
The current owners are seeking a fresh challenge.
Support and training:
Owners are willing to stay to hand over while the Franchisor operates an excellent support system.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Fitness & Weight Loss Franchise Facility
Dedicated to providing affordable, one-stop exercise and nutritional information for women
Ref.CO159
Location Gosport , Hampshire
Asking Price £ 55,000
This unique franchise operation is part of the largest fitness franchise in the world, with nearly 8,000 locations in 90 countries. The fitness franchise is the first fitness and weight loss facility designed exclusively for women only and is part of one of the largest fitness franchise operations in the world, with over 4 million women as members.
Providing a one stop affordable exercise and nutritional facility the business offers a fully coached personal thirty minute workout system and support that focuses on womens complete, health lifestyle.
The gym is fully equipped and with a healthy established membership of circa 280 members paying on standing order.
In summary, the benefits of acquiring this business include:
The values associated with a strong, identifiable brand.
A proven business formula.
An established and low cost business model.
The existing customer base and revenue streams from membership etc
Full training in running the business.
Continuing access to the UK master franchisors team and their expertise in the business system.
The provision of comprehensive operating manuals, training and marketing materials.
Existing, established, documented and well-run operating systems and procedures.
An asset which will increase in value should the purchaser decide to sell the business at a later date.
Expansion Potential
The very nature of the women only clientele offers an excellent growth potential, ranging from beauty treatments through to health foods. The current owners have not yet explored all of these additional opportunities.
Market / Competition / Non-Competition Agreements
Currently advertising by regular flyer distribution, local colour community magazines, attendance at community events, regularly updated website, Adword campaigns, YouTube, Facebook and E-Newsletters.