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Confidentially offered for Sale
Ref Number: HF02-ABS
Asking Price: £90,000
Location: Superbly Located, Finsbury Park, North London
Annual Revenue: circa £120,000.
Monthly Visits: circa 1,000 monthly visits.
Key Selling Points:
- The fully equipped fitness studio is designed to cater to all fitness and wellbeing needs for members.
- Located in a thriving development near Finsbury Park tube.
- Excellent reputation with 4.9* on both Classpass and Google
- Significant headroom for growth, current reputation built primarily through word of mouth
Executive Summary:
Exceptional Opportunity to acquire a boutique fitness studio established in 2017 and operational since 2018, located in a thriving development near Finsbury Park tube.
Offering a variety of high-quality fitness classes, including yoga, boxing, HIIT, barre, and dance, all taught by the top instructors in London. The fitness studio is currently experiencing strong trading with around 1000 visits per month and projected annual revenue based on current run rate of £120,000.
The business is superbly located on a modern development, close to Finsbury Park Station. This fitness studio could not ask to be in a better location within London. This memorandum outlines the key aspects of this fitness studio and the unique opportunities it presents for potential buyers.
Business Overview
Location: Close to Finsbury Park tube
Established: 2017
Industry: Boutique Fitness Studio
Ownership: Leasehold expiring 2039
Financial Highlights
Annual Revenue: circa £120,000 (current run-rate)
Monthly Visits: circa1000
Cash Flow: Positive with money in the bank
Technology and Operations
Technology: Glofox for bookings and payments
Operations: Self-employed instructors and studio manager with a hands-off owner operation model
Facilities and Amenities: The fitness studio is designed to cater to all fitness and wellbeing needs with facilities that include:
Changing rooms, showers, towels, mats
Coffee, ice-cold water, hairdryer, straighteners, deodorant, boxing wraps
Sprung floor, natural light
Security: Alarm, grills, CCTV with remote access
Competitive Advantages
Comprehensive class offerings for all fitness needs
Reasonably priced compared to other London studios
Top-rated instructors with high reviews on Classpass
Beautiful studio space enhancing customer experience and strong studio hire business
Excellent reputation with 4.9* on Classpass from 1368 reviews and 4.9* from 41 Google reviews
Growth Opportunities
Increased marketing efforts including social media, email campaigns, and local advertising.
Market to new residents in the growing development of 5,500 new homes.
Expansion of class offerings and studio hire during unused times
Market Position and Competition: This fitness studio has minimal direct geographical competition. Competitors like the Gym Group, F45, MoreYoga, FRAME, and Blok are located further away or offer different business models. This design studio’s unique blend of high-quality classes and a beautiful, well-equipped studio space sets it apart in the local market.
Established Online Presence: Included in the sale is a fully functional and attractive website, very well designed and easy to navigate, and an Instagram page.
Lease and Property Details
Lease: Expires in 2039
Rent: £12,750 ex VAT annually
Rates: £509
Property Size: 70 sqm
Location: Seven Sisters Road, part of Woodberry Down development
Reason for Sale: The current owner is ready to move on and focus on new ventures, despite this fitness studio being a relatively hands-off operation.
Conclusion: This fitness studio presents a compelling opportunity for buyers looking to acquire a thriving fitness business in a growing area. With strong financials, excellent reputation, and significant growth potential, This fitness studio is well-positioned for continued success under new ownership.
Next Step: To Register Interest, you will need to fully complete our Confidentiality Agreement form (NDA)
To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313
Commercial Finance:
Abercorn Business Sales are specialists in highly confidential off-market business sales. Should you require commercial finance, we have a panel of leading commercial finance brokers with access to the whole market to enable you to source the best possible terms.
Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com
Attention Business Owners. We are always in search of quality buyers waiting for you, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Abercorn Business Brokers.
For more information on HF02-ABS - Well-equipped, Boutique Fitness Studio Offering a variety of high-quality fitness classes, including yoga, boxing, HIIT, barre, and dance talk to Abercorn Business Sales