Anytime Fitness in Hampshire has experienced consistent growth since opening its doors in 2015. This profitable business now boasts a turnover in excess of £500,000. As of February 2018, membership was in excess of 1700 members. Located in a large borough in Hampshire and situated on a busy commercial street close to the town centre situated amongst other well-known businesses. The gym benefits from high levels of walk-in traffic due to its excellent location.
The UK Health and Fitness sector had an estimated revenue of £3.1bn in 2017. The sector has seen huge growth in recent years and this looks set to continue. Anytime Fitness is widely recognised as the fastest growing fitness club franchise in the world and presents an excellent opportunity to take advantage of this booming market.
The current franchisee employs a team of staff including a full-time manager to run the business on a day to day basis, the franchisee role is to oversee the whole process and keep the business moving forward. There is limited competition in the area and the gym also benefits from being the only 24-hour gym in the territory. As a result, they have attracted a large number of shift workers.
The current franchisee has continued to invest in the club, adding new equipment and accessories as well and ensuring that all current equipment is cleaned and well maintained. As a result of this, the gym holds an excellent position within the community. With this business, there is an opportunity for growth, with a change or increase in marketing efforts, as well as looking into expanding secondary income from personal trainers and vending machines. By exploring these avenues there is potential to increase membership further. Offering corporate discounts to large companies within the area is an avenue that the current franchisee has not looked into but would highly recommend.
Having built a successful business the owner is now looking to sell this business in order to re-invest into other Anytime Fitness gyms. This provides a new owner with the opportunity to acquire a solid and established business.
This information is taken from a prospectus of sale. Further information can be provided upon the signing of a Non-Disclosure Agreement.