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CO090-Health & Fitness Club - Wirral, Merseyside £464,000 |
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A well established health and fitness club offering a wide range of programmes for all levels of age and ability.
The club currently has an active membership in excess of one thousand and this continues to grow month on month , as do sales revenues and profitability. Attrition rate is low such are the service levels members enjoy.
The club is located in a very central location within a parade of shops in an area of high population. It has excellent signage and good access with a large car |
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Potential: |
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The vendor has identified that at present the business is a little overstaffed so a new owner could reduce costs there if they want to run the business themselves. Personal fitness training hasn’t really been tackled so with over 1000 members there is growth in this market, beauty therapy too! In addition to this a more aggressive sales and marketing approach would reap rewards as the club has very competitive membership fees and a large market to serve population wise. |
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Lease Details: |
The premises are on a very long term lease due to expire in 2061. The current rent is circa £24,600 p.a. and the next review is not until 2028!! (Original lease was for 99 years with rent reviews every 33 years). Rates are circa £12,000 p.a. All services are connected to the building.
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