Wed, 21 Apr 2010 | MBO/MBI
The Health Club in Clevedon, North Somerset, has been bought by the club's general manager Jonathan Hughes and personal trainer Mike Neck in a management buyout.
The club, which prides itself on being the only private health club in the area, is set to undergo refurbishments under the new management. The premises are a Grade ll-listed building.
The plans involve fitting the class studio with new mirrors, a general professional deep clean, new therapy treatments, an upgrade of the establishment's resistant equipment, and an extension to the mezzanine floor.
The extended mezzanine floor will feature a new cardiovascular area, with views over the town of Clevedon.
Mr Neck said of the purchase: "It has always been a dream of mine to own my own gym and I'm really pleased it is an already established club in a great area."
He thinks the club has plenty of potential. The refurbishment plans will increase its ability to compete with larger clubs in the area.
Mr Hughes commented: "This is great news for existing and new members at a time where money is tight as we are offering new facilities, freezing our prices and introducing a pay as you go membership..."
Opportunity to acquire an established mixed dental practice in Tyne and Wear, efficiently led by associates.
LEASEHOLD
Established for over 40 years with a turnover in excess of £500,000, the business enjoys limited competition locally. The sale includes the business assets and the lease of the premises will be assigned to the new owner.
Major landmark store, 100+ years established, occupying valuable trading position within this mid-Devon town, centrally positioned on Crediton high street, opposite Costa Coffee, close Tesco Express, with free restricted stay car parking immediately...
FREEHOLD
|
22
|
|
Aug
|
Animalcare acquires new research programme for horses and dogs | BUSINESS SALE
York-based Animalcare Group plc has expanded its pipeline of...
|
22
|
|
Aug
|
Coastal Dorset development site with planning permission comes to market | COMMERCIAL PROPERTY
A prime coastal development opportunity has been launched to...
|
22
|
|
Aug
|
UK Government takes control of Speciality Steel after insolvency | ADMINISTRATION
Speciality Steel UK (SSUK) has been taken over by the UK gov...
|
22
|
|
Aug
|
UK Government takes control of Speciality Steel after insolvency | ADMINISTRATION
Speciality Steel UK (SSUK) has been taken over by the UK gov...
|
22
|
|
Aug
|
Coastal Dorset development site with planning permission comes to market | COMMERCIAL PROPERTY
A prime coastal development opportunity has been launched to...
|
22
|
|
Aug
|
Animalcare acquires new research programme for horses and dogs | BUSINESS SALE
York-based Animalcare Group plc has expanded its pipeline of...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.