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Boutique Fitness Studio, Chapel Street, Manchester, Greater Manchester, M3 5DW

Leasehold
£137,500

£51.10 per sq ft

Business rates & charges may apply

SOVEREIGN BUSINESS TRANSFER, Nationwide
SIZE AVAILABLE

2,691 sq ft

250 sq m

SECTOR

Sports facilities for sale

USE CLASSUse class orders: A2 Financial and Professional Services, B1 Business and D2 Assembly and Leisure

A2, B1, D2

Key features

  • REF: 2980
  • Turnover £281,855
  • Prime City Centre Location
  • Franchise Or Stand Alone Opportunity
  • Genuine Reason For Sale Family Circumstances

Description

Sovereign Business Transfer are delighted to bring to market this thriving Fitness Studio located in Manchester City Centre. Combining the advantages of one on one training with a personal trainer and the atmosphere of a workout class this gym can be sold as part of a franchise or as a standalone fitness boutique.

The business is in a prime location in Manchester City Centre close to transport links and other amenities. The franchise is endorsed by both athletes and high profile celebrities who are loyal and committed clients.

This Fitness Studio has over 160 monthly paying members and more than 300 active visitors on class packs and trials. The business opened in March 2020 and as well as being in a prime city centre location, no expense has been spared kitting the business out with the latest high-end equipment and changing facilities.

The business is only now being bought to market by the directors due to unfortunate family circumstances. The opening hours are Monday to Friday 06:00 to 20:00, Saturday 08:30 to 13:00 and is closed on Sunday's.

The business is currently generating a healthy turnover of £281,855.00 per annum.

On the market by way of a Limited Company Share sale for a competitive price of £137,500.00. This is an opportunity for an ambitious fitness entrepreneur to be part of a rapidly growing franchise or to own an excellent Fitness Studio in a prime city centre location. F45 Head Quarters is offering a complete on boarding and hand over process for a new owner even if you have had no experience in the fitness sector making this a fantastic opportunity to build this venture to the next level. The fitness studio has survived some testing years which included Covid 19, energy hikes and the cost of living crisis. This is testament to the strength of the brand and the enviable customer base of loyal monthly paying members coupled with the most 5* Google reviews of any fitness centre in Manchester.

Recently, CSG (Club Sports Group - backed by Kennedy Lewis) acquired the master franchise in Europe from F45 HQ. They have invested heavily in restructuring the European operation. Since doing so, multiple studios have reported significant improvements.F45 Salford Central recently reported record months in revenue and profit. .

With a database of over 8,000 clients across there management system and social media there is a massive opportunity for new owners to increase revenue and reduce costs with renewed energy and focus, something the current owners cannot manage due to personal circumstances.

Externally, multiple new residential developments are being built within a 1 mile radius targeting new potential customers as well as major companies such as BT and Booking.com moving their headquarters to Enterprise City in Spinningfields. The increase in the target demographic, coupled with the cost of living easing off will potentially increase revenue.

Therefore viewing is highly recommended to fully appreciate the quality and potential this opportunity presents.

Celebrity Client Endorsement
Prime City Centre Location
Fully Fitted To High Standard Throughout
Franchise Or Stand Alone Opportunity
Genuine Reason For Sale Family Circumstances

Brochures

Boutique Fitness Studio, Chapel Street, Manchester, Greater Manchester, M3 5DW

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Salford Central Station0.2 miles
  • Manchester Victoria Station0.4 miles
  • Manchester Deansgate-Castlefield Tram Stop0.5 miles

About SOVEREIGN BUSINESS TRANSFER, Nationwide

Sinclair House Station Road, Cheadle Hulme, Greater Manchester, SK8 5AF

SOVEREIGN BUSINESS TRANSFER, Nationwide

BUSINESS BROKERS UK

Looking for a business brokers to sell your business? We sell businesses of all kinds, let us help sell yours.

Sovereign Business Transfer is one of the UK’s fastest growing business brokers. We are based in Greater Manchester but sell businesses throughout the UK. Our unique approach is unrivaled in the industry and we deliver business sale results for small to mid-market businesses.

As Business Brokers, we have a list of qualified buyers v

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Notes

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Disclaimer - Property reference 2980. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOVEREIGN BUSINESS TRANSFER, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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