Advent Business Sales - Franchise Re Sell Health And Fitness Studio For Sale

Financial Details: Asking price: £30,000; Sales revenue: £110,000; Net profit: Undisclosed; Fixtures value: Undisclosed; Stock value: Undisclosed

Business Description: Advent Business Sales is pleased to offer to the market this popular and expanding health and fitness studio.

Founded by the present vendor in March 2007 the studio is only now being reluctantly offered for sale to enable him to expand the overall brand concept.

The studio has several “Power Plate” machines, which were originally developed for Olympic athletes, and cosmonauts, which stimulate the body’s muscles for all over toning. The Narl pads used in the studio are positioned on the body against wherever fat needs to be removed, it is particularly effective on the tummy, thighs and buttocks.

The theme within the studio is for the use of modern equipment and technology to assist customers to attain and then maintain their ideal body tone.

Customers are all within the locality with numbers increasing gradually through word of mouth recommendation and referrals, although it does advertise in local glossy magazines, on the web and via head office special promotions.

Annual fee income is currently in the region of £110,000 + VAT, which should produce an annual net profit of approximately £30,000.

A full overhead budget will be given to interested parties, which does include an annual franchise fee of £5,000, rental of the power plates at a cost of £4,800 and a contribution towards the general marketing cost of the whole franchise of £3,600 per annum.

General Information: Employees:3; Trading hours:Mon to Fri: 8am – 8pm Sat to Sun: 10am – 2pm; Property:Leasehold; Lease terms:Leasehold Original lease: TBC Remaining lease: TBC Review every: TBC Rent: £13,440 pa We are advised that the annual business rates are currently: £4,200 plus £1,892 service charge; Location:Situated in an upmarket and affluent area of London.

The business has an excellent location in a private mews surrounded by a mixture of residential and commercial properties.; Premises Details:Ground floor premises approximately 660 square feet
• Large studio with power plate machines and other work out space
• Kitchen area
• W.C.
• Freeview TV with a 42” Plasma

There is also an allocated parking space available at an annual cost of £1,000; Expansion potential:Whilst this is already a successful business, it does still offer excellent scope to increase both sales and profits by: 1. Additional local marketing and networking 2. Having soft drinks machine, supplements and other product sales 3. Offering other ancillary services relating to health and beauty 4. Extend opening hours 5. Having a full time working owner, which would save approximately £20,000 per annum in staff costs; Related documents:Document

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