My Gym – Richmond
Franchise Resales are thrilled to present for sale this well-established My Gym franchise based in South West London, it boasts a stellar reputation within the community reflected by an average rating of 4.9 on Google.
Key Information | |
Business Type: | B2C Fitness |
Nature Of Business: | Gym Franchise |
Available Locations: | Richmond, South West London |
Min Investment Req: | £100,000 |
Training Provided: | Yes |
Time Commitment: | Full Time |
Home Based: | Premises Based |
My Gym is the Global leader in Children’s Classes with over 40 years experience in 600 locations in 30 countries.
This resale is the perfect opportunity to join the leading brand at a fantastic price! The current franchisee opened the business just before the Covid-19 pandemic in November 2019 and is now breaking-even.
The business model has 4 primary sources of revenue which consist of structured, age-appropriate classes (baby, toddler gym, gymnastics, fitness, dance, Ninja) for ages 3 months to 10 years, Birthday Parties, Camps and Special Events.
Secondary sources of income vary from retail items, snacks/drinks, open stay & play sessions, and subletting the classroom when not being used.
The gym is located in a purpose built 3,700 sq.ft state-of-the-art venue, in an affluent family populated area. It boasts a 2,700 sq.ft play space, spacious lobby, separate classroom/party room, large store room and two toilets. It has had an internal fit out costing £115k and the equipment cost £35k.
As a management franchise, no experience in the sector is necessary. If you have a strong business acumen, management skills and want to make a tangible, positive impact to the lives of thousands of children; then this is the perfect resale opportunity for you!
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