For Sale

Huge Potential For A New Ambitious Owner.

Milton Keynes, Buckinghamshire

£125,000 +SAV

Ref: B04409

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe are proud to welcome to the market Happy Bodies.

An independently owned business set up and managed by our client. The business has a strong membership base and a variety of services available to non-members. The staff are extremely supportive and provide all the members with personalised fitness programs to suit their requirements.

The gym is well equipped with Technogym CV and resistance machines that are owned outright and have been regularly serviced. All equipment is in impeccable condition as is the building.

As well as a gym that can be accessed by members throughout the opening hours, they also have a class studio that runs a class timetable of approx.’ twenty classes per week including Yoga, spinning, boxfit, and kettlebells. Classes are available to members and non-members on a pay as you go basis. They also have a strong youth section for 11-15 year olds to attend supervised gym sessions.

A private personal training studio is rented by a couple of free-lance personal trainers and used for in house PT. This studio provides the ideal space to have one-to-one sessions away from the main gym which gives a boutique feel to service and facility.

A new owner should look into a modest marketing campaign, making the most of social media websites, community activity and events and linking with local business.

We believe this is an ideal purchase for a personal trainer/ sports therapist/ physiotherapist or sports enthusiast with a passion and drive to fully realise the potential of this exciting business venture.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold.

Original lease length: 10 years.

Remaining lease length: 5 years as of 2017.

Rent: £14,000 per annum.

Hours

Monday - 6:30 am to 9:00 pm
Tuesday - 7:30 am to 9:00 pm
Wednesday - 6:30 am to 9:00 pm
Thursday - 7:30 am to 9:00 pm
Friday - 7:30 am to 8:00 pm
Saturday - 8 am to 1:00 pm
Sunday - Closed

Staff

The business is run and managed by our client with the help of her staff.

Financial Profile

Happy Bodies generated an advised turnover of circa £83,856 as of the 2016 accounts, with a net profit of £32,487.

Location

Happy Bodies is located in Old Stratford, Milton Keynes.

The business is situated on Towcester Road a very busy main road just a couple of seconds from the A5 where Milton Keynes is only a three-minute drive in one direction and Towcester ten minutes in the other direction.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance from the property. The M1 can be easily accessed via the A5 or the A508 at Northampton.

Premises

Our client has spent a considerable amount of money investing in the state of the art Technogym Proforma fitness equipment.

The building comprises of 230-meter², separated into a reception area, class studio, main gym floor, private PT studio, treatment room, changing cubicles x 2, kitchen, locker area, shower rooms x 2 and toilets x 2. Most interior walls can be altered if required.

Some of the equipment to be included in the sale are listed below;

• 3 x Technogym treadmills
• 2 x Technogym cross-trainers
• 3 x Technogym bikes
• 3 x Technogym Kinesis stations
• Full squat rack with a variety of bars
• Over 350kgs of rubber coated disc weight
• 7 x Pulse spin bikes
• Variety of dumbbells
• Variety of medicine balls and other gym accessories
• 2 x Adjustable weights benches
• CCTV throughout

And much fuller inventory available upon request.

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