*** Offers starting at £200,000 ***Please quote reference B07405CoGoGo are delighted to welcome to the market CrossFit 1971 (Stratford), a highly rated fitness and wellness gym in Stratford, London. The business was first established by our client in 2015, building up an excellent reputation and regular customer base. As seen by the online ratings and reviews, the business is extremely popular within the local community. CrossFit 1971 (Stratford) has now come to the open market due to a change of direction for our clients. CrossFit 1971 (Stratford) offers a variety of classes from high intensity Cross Fit to Olympic Weightlifting, Gymnastics, Strength Training and Flexibility Improvement. The workouts challenge their clients to work harder and exceed their own expectations. The supportive coaches focus on teaching the correct movement patterns to keep their clients safe.The business prides itself on offering a fun and encouraging community that goes just beyond fitness and offers a range of plans ranging from monthly to 12 monthly contracts. The business also offers a range of events and can truly be said to be at the heart of the local community.Key selling points -- A well established with an enviable reputation and many existing clients
- Prime trading position in the centre of Stratford
- Current owners happy to offer a handover to ensure the continued success of the business
- Site is to be redeveloped which will have a massive effect on footfall. 2152 new homes being built along with a new entrance built into Stratford making the short walk to Stratford Station even shorter.
- Ideal owner managed or partnership business
- Perfect bolt on to an existing fitness business looking for a foothold in this up and coming area.
Scope to improve -- Advertising and Marketing campaign
- Extend the opening hours (ideally 24 hours)
- Fill daytime hours with more classes
- Consider stocking a range of branded workout gear and more supplements
Very rarely do gym / fitness businesses of this calibre come to the open market so early enquiry is highly recommended.
CrossFit 1971 (Stratford) is located on Hutchins Close in Stratford and has eye catching signage, receiving high levels of footfall and passing trade.
It's in close proximity to Stratford train station and the Stratford Shopping Centre.
The business occupies generous premises ideally suited to the trade.
The premises comprise two former warehouses with toilets and changing facilities.
The premises are being redeveloped in the near future, which will include 1000’s of residential properties along with shops, restaurants and hospitality businesses. The new development will have a significant effect on the business, massively increasing footfall and in turn turnover and profits to the business (Not happening until 2028).