Buy a business

Established Gym Franchise – Outstanding Opportunity

West Midlands

Advert ref: 1730TRB

Business Partnership Birmingham and Warwickshire are very pleased to be marketing for sale this outstanding opportunity to acquire an established gymnasium and leisure franchise located in the West Midlands Region.

This established gym franchise has been operating successfully since August 2018. Membership was 1200 pre lock down now 875. This membership is loyal and set to increase as awe exit lockdown. The membership generated an annual turn-over in excess of £230,000 and Gross Profits in excess of £200k prior to the Covid issues.

The owner is fully supported by an engaged and professional team. 

The gymnasium is located in a popular Shopping Centre in the West Midlands Region with excellent access and parking. Outgoing rent is currently £55k and service charge £15k.

For further information, please click through or contact The Business Partnership Birmingham and Warwickshire Branch directly.

Key features:

  • Fabulous Location in a Popular Shopping Mall
  • Fully Equipped Gym with State of the Art Equipment
  • Comprehensive Range of Equipment on Lease Purchase Agreements (to transfer to Buyer)
  • Leasehold, 7500sft on one floor
  • Membership was up to Circa 1200 pre-Lockdown
  • Strong, Highly Qualified Team 
  • Owner Looking to Sell for Personal Reasons

Property Details: Leasehold
Asking Price: £75,000 (Leasehold)
Lease Terms:

Lease;  10 years, with 7 years remaining.

Rent Payable £55,000 per annum

Service charge £15,000 per annum  
Rates; £9,000 per annum.

We understand that the landlord would be willing to extend the lease to 15 years subject to the usual checks.

Reason For Selling:
The main reason for sale is relocation for family reasons. this will limit time available to put the into the business. This business does need an owner operator that can drive the sales and profitability with the team.

Established Gym Franchise – Outstanding Opportunity West Midlands

Financial Details

  • Leasehold: £75,000
  • Turnover: undisclosed