Profitable Thornhill Dance & Fitness Training Business With Growth Potential for Sale
Thornhill, Dumfries and Galloway
- Status
FOR SALE
- Date Submitted:
02/02/24
- Advert ID
606157
- Reference
INT3009 / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: £60,000 (£1,154 Per week)
- Net Profit: £20,000 (34% Profit margin)
Business Details
Gym & Fitness Coaching Business for Sale in Thornhill
Established in April 2016 this business proves to be a profitable and well-respected part of the community.
The success of the gym is down to the effectiveness of the individualised coaching and the culture that has been created by coaches and the members. TFW encompasses an effective training protocol, nutrition guidance, and an inspirational and motivational component that together delivers results. The business has created a culture around sustainable health and fitness that has enjoyment, togetherness and adherence at its core.
There are 75 members, 58 of them on 12-month contracts. Due to the quality of service and with a lack of viable local alternatives, the business has been received well. 98% of income comes from Memberships & Passes.
Over the last 18 months, the company invested in marketing from FMA (Fitness Marketing Agency) and introduced a new FEO (6-week introduction at £159) which proved successful. FMA generated 168 pre-qualified names and contact details of leads over a 12 week period, 39 of which were converted into £6,201 of FEO sales. Despite not using FMA just now TFW Thornhill retains a good repour with FMA and the potential for growth is great as they are a tried and proven service.
The owner is selling the business as he is moving back home, but he is open to guiding a potential buyer through the process.
This would be a great acquisition for someone who has knowledge and experience within the fitness industry.
Contact Agent
Listing Statistics
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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.
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