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CONFIDENTIAL SALE
FOR SALE
14/10/21
284483
HEALTH & FITNESS CENTRE FOR LEASEHOLD SALE IN HULL
A well-established 24hr health & fitness club is available for sale in Hull, East Riding of Yorkshire. The business has been up and running for nearly six years. The business benefits from being located on a busy bus route and huge footfall due to passing traffic.
The business comes for the leasehold price of £175,000 with all machines and equipment as part of the sale value (circa £100,000 assets) The fitness centre has vending machines, sunbeds, supplements, and clothing stock included, valued at another £10,000.
The health and fitness centre made an annual turnover of £300,000 last business cycle. It has given an excellent turnover pre-covid of around £400,000 and continues to recover solid trading post-covid.
The business has a good following on Facebook & Instagram pages with 15,000 followers. The centre is currently run profitably by a staff of two and is open 24 hours, running automated some of the time without hassle.
There is endless potential to increase membership and revenue in various ways with an owner-operator instantly making £20,000 more a year through savings on wages.
I am retiring to give all my attention to the new business venture and am willing to offer training if required.
Please note that due diligence will be required to ensure genuine inquiries only, and further information is available upon request.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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