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Property Details
City Business Brokers welcomes to the market an exciting opportunity to acquire (on a Leasehold basis) an exceptionally well run and performing, “turn key” Fitness and Wellness Studio business with an excellent reputation located in the most popular and desirable area in Malta
The business has been placed on the open market as it’s our clients desire to take well-earned semi- retirement after many successful years of trading.
The Business has been operating under the careful and meticulous ownership of our client since 2009 and who has grown the business and client list to an impressive level of turnover and profit levels are growing steadily
The business has built up an excellent reputation within the area and further afield, for the very high-quality sessions and knowledge offered, which has resulted in a very loyal client base, with a high volume of repeat and referral business.
We feel there is scope for a new owner to increase the turnover by extending the opening hours, A new owner could also embark on a modest marketing campaign to highlight the business & excellent classes on offer, along with running classes in other venues around the area
Points to note
• The only fully equipped and certified Fitness studio of its kind in Malta
• Located in the most popular and desirable area in Malta
• Established 11 years – recommended by all the medical professionals
• Has full time staff who are reliable and have been with the business for a number of years. Owner does not need to teach
• All equipment included in the sale ( 70000 euros)
This studio provides one of the most effective strength training workouts in the market. Combining a specific workout regime that targets the full body, they help people of all backgrounds, ages and experience levels transform their bodies from the inside out. In addition to numerous group fitness classes a week, they offer private and semi-private sessions.
Opportunities:
• Great opportunities for other wellness modalities – yoga, tai chi, dance, etc
• Opportunity to have add on sales such as:
o Fitness gear and clothing
o Food supplements
o Health services – adding chiropractor / other services
Certainly big growth potential if you can get in with a company to offer deals / group benefits to their employees. There is also a lot of untapped potential in the area that can be further reached through additional digital ads or direct mailers. Additionally, there are several medical professionals in the area, so there is substantial opportunity to partner with the hospitals, doctor offices and other medical professionals in the area.
Support and training will be provided in a handover period – 3 weeks
•The business is immaculately presented and is truly one of the finest “turn key” operations available to purchase.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment
A full profile is available once a confidentiality & non-disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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