Gym Business for sale
Overview
- A Gym business with approximately 640 members.
- Trading from leasehold premises in Chippenham, Wiltshire.
- Turnover of £350,000 per published accounts for the year ended May 2008 and £230,000 per management accounts for the year ended May 2009.
- The business commenced trading during 2006.
Assets, Premises and Employees
- The Gym is equipped with modern gym equipment including multiple weights, cardio machines and spin machines.
- Other assets include a Sauna and general office equipment.
- Based on up to date management accounts, the net book value of the assets is £147,000.
- The premises are approximately 20,000 square feet and the rent is approximately £3,000 per month.
- The premises comprise a gym, reception area, separate sauna room, locker rooms, a spin studio, treatment room, salon and office.
- The company currently has 5 employees with a monthly wage bill of £3,300.
A letter of confidentiality will be required to be provided prior to a full disclosure of assets together with other confidential information being made available. The closing date for enquiries is 5 p.m. on 10 February 2010.
All enquiries or requests for further information should be made to Sam Talby or Tom Williams on 0117 9100 250.