Acquisition Opportunity

Opportunity and key features

• Opportunity to acquire the business and assets of an established gymnasium based in Central London.
• The space is 7,928 sq ft, comprising over 80 pieces of gym equipment, exercise studio, cycle studio, treatment room, changing rooms with showers and lockers, reception and office space.
• Leasehold premises, with the lease valid up to 2035 with no break clause and rent reviews every five years.
• Annual turnover of c.£412k, generated from gym memberships, personal training fees, guest passes and supplements.
• 7 employees, consisting of general manager, personal trainer and fitness instructors and receptionist.

Assets Available

Assets available but not limited to:

• Intellectual property including the trading name, logo, website and imagery.
• Access to existing individual members and corporate members book.
• Chattel assets including gym equipment.

Expressions of Interest

Interested parties will be required to sign a confidentiality undertaking. Offers with proof of funding must be received by 12 noon on 22 January 2025. Please note that any sale is likely to have to complete during w/c 27 January 2025 and will be done via an Administration process.

For Further Information

All enquiries, including requests for a confidentiality undertaking, should be directed to:

Karen Mairs
E: [email protected]
T: 0161 837 1700

David Hopkins
E: [email protected]
T: 07976 198 054