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Well Running Gym In Dungarvan For Sale

Dungarvan, Waterford, Ireland
Asking Price:
€220,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€100K - €250K
Net Profit:
€50K - €100K

Well Located Profitable Gym for sale.

If you are passionate about training this is a great opportunity for you. the gym is situated in a beautiful city which is a hot spot for a lot of Irish people looking for a get away, with great potential the city is a home to many big companies with extremely low unemployment rates, our gym has been on the market in this city for over 10 years and we are proud of the relationship we have built with the locals, however not all our clients are local, some come from surrounding cities to experience our service and unique old school style gym, even though the pandemic lowered our number we have very quickly gained them back and it still hasn't reached its full potential, with 250-300 active members per month and 35% of which are direct debits on our website www.bioactivegym.com you can comfortably say it is a success.

With over 5k followers on Facebook and over a 1k followers on Instagram we have established a strong mark on our local online base.

currently we have 4 employees on payroll, 3 instructors, 1 for customer service and social media and 2 more independent self employed trainers and a social media advisor.

The gym is fully equipped with cardio equipment over a ton of weight in plates and 2 sets of dumbbells going from 2,5kg to 40kg plenty of machines that require minimal service during the year and 15 NTX top brand spinning bikes, our gym offers classes and is the only place in the city that offers spinning classes with 6 classes booked out each week.

You will also find free parking lot in the front of the building, showers in both male and female changing rooms, employees office, 3 bathrooms and a huge space in the back for any style of workouts a person wishes to undergo.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

No years limited in that lease we are there from 2010 the rent is included VAT
rates €4100 per anum

Leasehold Rent:

€14,760 per annum

Location:

The location is very close to Mc Donald it is a business park so a lot of businesses are there

Size in square feet:
Over 2000
Planning Consent:

Can be enlarged by adding a floor

Business Operation

Competition / Market:

In the town there is two hotels with some area for training one more gym and cross fit

Reasons for selling:

This is a family business and we are both after huge surgery so the health is more important for us and we decide to sell the business

Trading hours:

Monday to Friday from 6am to 9 pm
Saturday from 9am to 3pm
Sunday from 9am to 1pm

Employees:
4
Years established:
2010

Other Information

Support & training:

We will not leave you without introducing the principles of running our client database and personal training also we will provide you with all the necessary information what our clients expect

Furniture / Fixtures value:
€40,000 - included in the asking price
Inventory / Stock value:
€3,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.

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