Business for sale

Business description

Leisure & health club with Swimming pool, 2 Gyms, Dance/Aerobics studio, Sauna, Jacuzzi, Crèche, Bar and Function Room, situated close to town centre. The club has a well trained enthusiastic management team of qualified staff which makes this is an easily managed business with a low cost base and low staff overheads. Membership is expanding at an excellent rate with the capacity for continued substantial membership growth plus the possibility, subject to planning permission, of adding additional facilities. There are currently approximately 1500 active members, with over 70% on a yearly contract, paying monthly. The friendly atmosphere sets it apart from other clubs; members can reach their fitness goals in a non-intimidating and comfortable environment. With health and fitness becoming increasingly popular, the club offers good quality, and easy to use modern equipment. The current owner is including the freehold in the purchase price. However there is a possibility of a leasehold agreement subject to the right terms. The club operates from substantial purpose built detached premises, which comprises of over 20,000 square feet spread over two floors set within approximately one acre. The club has on site parking for members, ease of access for deliveries and the capacity to accommodate an expanding membership.
Building & Property
Building:
Real Estate Available: Yes
Real Estate Asking: £1,400,000 (Included in Asking Price)

Downpayment: £1,400,000
Monthly Payroll: £11,000

General Information
Reason for Sale: Emigrating


ListingID#: NORFOH100111