Profitable Well Equipped Personal Training Gym 2590

Leasehold £29,000

    1455

This is a superb opportunity to acquire this large, purpose built and profitable fully equipped personal training business with existing client base.

Spacious studios with large weights area of 279m2 (2,946sqft), separate area ideal for classes of 223m2 (2,355sqft) together with comfortable mezzanine physio / massage area.

Well established high ranking website and social media presence. Over £65k of commercial quality equipment and £35k of fit-out including high spec changing rooms, security and sound systems.

Ample space for several trainers to work with clients and for classes to be run in other studio at the same time.

Business, equipment, leasehold interest, fixtures & fittings for sale at offers over £29,000


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Type of business
This is an excellent opportunity to acquire a modern, profitable, fully fitted and equipped personal training business located in a large popular business park to the west of Glasgow. With two separate spacious studios this facility offers the opportunity for several personal trainers to work with their clients and for classes to also be run in the smaller studio at the same time. The additional private mezzanine area is used to provide sports therapy, massage and beauty treatments. Professional grade equipment throughout with top quality machines, 1000kg of plate weights together with Hammer Strength dumbbells from 2 - 50kg. Existing PT clients and membership being transferred with the business. Excellent base for enterprising individual or group of trainers develop.
Opening hours
There are no restrictions on opening hours. Current hours are 7am - 9pm Mon - Fri, 9am - 5pm Sat and 10am - 3pm Sun.
Staff
The business is run by the owner with two freelance PT’s and a freelance sports therapist.
Tenure
Leasehold. Rent for both units together £17,500 plus VAT. Lease runs until January 2022 but can be extended. Rateable value for main studio is £11,100 and for smaller studio is £7,800. Currently run as two businesses so no rates are payable.
Premises
Housed in two adjoining modern commercial units with ample free parking the business comprises two large studios, ladies and gents changing rooms each with 2 showers and toilet, staff kitchen/office space and a further toilet. Smaller studio has mezzanine floor with therapy room and small classroom area. Fitted out for the current use the floors are mainly covered in interlocking rubber mats for safe workouts and preventing damage from weights.