Over the past 15 years the company has developed a successful model that the directors believe can be reproduced in any small to medium sized Market Town up and down the country. The company plans to continue to build their own clubs, but in addition intend to seek “like minded” entrepreneurs to set up Franchised Clubs.
A typical BODYTECH™ Health Club has a turnover (before VAT) of £180,000 and this gives rise to a profit of the order of £50,000 per annum (Return on Sales of 30%). An owner manager could in addition take a wage from the business over and above this profit figure.
The investment required ranges from £100,000 to £200,000 depending on the type of club and location with a typical club costing £130,000 (Return on capital employed of approximately 40% ignoring tax). There are several financing options that we can discuss with you.
For a no-obligation discussion, please call Peter Metcalfe on 01948 663803