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Sold. Gymnasiums & Fitness Centres Business For Sale

LISTING DETAILS
Firms For Sale ID:
27377
Vendor reference:
2141
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£115,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
This is a phenomenal opportunity to acquire a small chain of two health and fitness clubs designed for women, operating over an exclusive territory encompassing Prestwich and Radcliffe.

Curvess is a women's only Health Club and Fitness Centre franchise operation that has its origins in Texas when the first club of its kind opened its doors in 1992. Curves has an innovative, 30 minute fitness conceit combined with strength training and sustained cardiovascular activity through safe and effective hydraulic resistance which has helped create and develop an enviable reputation. The franchise operation caught on like wild fire and opened clubs at an astronomical rate, sometimes more than doubling its number of locations from year to year. Curves has nearly 10,000 clubs in more than 85 countries serving more than 4 million members, this is a tremendous opportunity to be part of this superb franchise operation. With so many clubs, Curves has a back up service that is second to none, offering its members advice, motivation and all important marketing services which help individual clubs seek out new members to allow the business to develop. These two clubs have over 500 members in all and due to its cleaver, geographical placement members are encouraged to visit both clubs enabling the owners to be extremely flexible with their time. The Curves staff also operate over the two locations which help the current owners keep staff costing to a minimum to develop more profit.

The two clubs are actually located in Albert Works in Radcliffe and Bury Old Road on the Whitefield/Prestwich boarder. Curves operates territories with an exclusivity clause and therefore this large affluent area can only be catered for by these two Curves Fitness Centres. This exclusivity has enabled the current owners to build an enviable client base and reputation and the business has built upon its solid trading foundations and has allowed the owners to enjoy high profit levels. The lease agreements that have been obtained for the current locations have been well negotiated and are a lucrative asset to this business chain.

The price for the business includes the initial franchise payment totalling over fifty thousand pounds. This particular chain of the Curves franchise are of the Curves Smart type. This new technology has been recently introduced and the current owners have invested in their chain to supply this new technology to its members.

Further details of the franchise arrangements area available at our offices but currently the arrangements are as follows. The franchise royalty is 6% of gross revenues, with £495 being the maximum monthly payment by a franchisee and £195 being the minimum. The advertising royalty is 3% of gross revenues, with £295 being the maximum monthly payment by a franchisee and £75 being the minimum.

This first class business opportunity would ideally suit an enthusiastic owner who could embrace the Curves lifestyle and push this lucrative business onto the next level.



Fixtures & Fittings:
Trading Hours: Radcliffe: Mon & Wed 9:00 - 20:00Tue, Thurs & Fri 9:00 -13:00 & 16:00 - 19:00Sat 10:00- 12:00 Closed SundayPrestwich : Mon 9:00 - 20:00Tue, Wed & Thur 9:00 - 13:00 & 16:00 - 20:00Fri 9:00 - 13:00& 16:00 - 19:00Sat Closed Sunday 9:30- 12:00Business Value: £115,000 SAV
Property Value:
Business & Property Value: Turnover:
Rent: Rad: £187.50 Prest:£156.25
Tenure: Leasehold