Sovereign 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.
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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
