This business, located in mid-Cornwall, was founded in 2009 by the current owner. It supplies functional exercise / rehabilitation classes to the special populations sector, including providing services to the elderly, stroke victims, the blind, those with limb loss and those with learning difficulties, or drug / alcohol related issues. Classes typically take place in day care centres, schools, residential and nursing homes and drug rehab centres.
The business works with a mixture of chain organisations and independent businesses and has been engaged by enterprises such as Age Concern, The Alzheimer’s Society and Headway, the brain injury specialist. The client base is loyal, generating high levels of repeat business. New business is mostly via referral, including umbrella organisations ie stroke, autism and dementia bodies, who pass details onto connected businesses. The business also has a website which can be developed further.
Overheads for the business are low and it is suitable to be run as a home-based business. Equipment required is low-cost and portable.
Current levels of revenue can be contained within a 40 hour week by the owner, with further expansion possible through engaging additional instructors. The business would suit a level 3 fitness professional or someone wanting to develop a larger business through employing level 3 fitness professionals. With an ageing population and the business currently concentrated in a small geographic area, there is significant opportunity for growth.
The vendor wishes to sell for family reasons and will support reasonable handover requests. Sales are c £30,000 per annum, allowing earnings of c £19,000 per annum. The guide price for all assets and goodwill of the business is £19,500.
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