Retail premises for sale in City Of London, England, United Kingdom SE22

Business
Please quote reference B08014

CoGoGo are delighted to welcome to the market High Vibe a highly rated opportunity based in the City of London.

High Vibe, London's premier Pilates studio nestled on a bustling city street. Step into their serene sanctuary where wellness meets sophistication.

In terms of performance, the studio has been thriving. Their turnover has consistently risen year after year, reflecting their strong upward trajectory. This sale is driven by our client's aspiration to explore fresh opportunities in the business realm.

This longstadning business has been up and running for a decade, and our client has had the privelige of being under it's careful ownership for the past 7 years. They offer a variety of Pilates classes tailored to all levels, from beginners to advanced practitioners. Whether you're looking to tone muscles, improve flexibility, or enhance overall well-being, the diverse class offerings cater to your individual needs.

But High Vibe isn't just a studio—it's a community. Their passionate instructors foster a supportive environment where clients feel empowered to achieve their fitness goals. With a loyal customer base and rave reviews, High Vibe is positioned for exponential growth.

• '' Brilliant studio, 5 mins from my house. High Vibe is great as I can pop in on my way home from work and then go pick the kids up. It’s super effective and I get so much more from those 30 mins than I would at the gym. High Vibe is perfect if you’re “too busy” to exercise. Love it.”


• ''Absolutely love High Vibe. I’ve never been a regular gym user - until now. I go every single day I can. All the trainers are fantastic, the atmosphere is great and i’ve never been so fit and strong.''


• '' I came to High Vibe Post Natal, hoping to lose weight and get fitter. I lost over 7.5kg in 6 weeks! I’d recommend High Vibe, especially to mums with limited time who want fast results.”

High Vibe have expanded its offerings beyond traditional Pilates. Introducing specialised workshops such as Postnatal Pilates, Posture Correction, Muscle Tone, Weight Loss, Cardio Fitness and Core Strength. Additionally, High Vibe have aimed to enhance their online presence with personalised training sessions, catering to clients in London.

Their online presence spans across Instagram, Facebook, and TikTok, while their studio showcases a robust website and maintains visibility on Google. They eagerly extend training opportunities to new owners to facilitate efficient business management. Notably, the business is presently overseen by a manager rather than being owner-operated.

In the future, High Vibe can embrace the digital age, offering live-streamed classes and on-demand tutorials, transcending geographical barriers and attracting a global community. Through strategic partnerships with wellness influencers and targeted marketing campaigns, the new buyer can amplify their presence and cultivate a tribe of high-vibe enthusiasts worldwide.

Location
The studio's location boasts a strategic advantage, situated conveniently close to transportation hubs and nestled within a vibrant residential community. Its locale enjoys minimal local competition, offering a unique opportunity in the area.

High Vibe Location 1 - 6 Melbourne Grove, High Vibe, London, England, SE22 8QZ

High Vibe Location 2 - 62 Elm Park, Brixton Hill, London, SW2 2UB

Premises
High Vibe boasts state-of-the-art equipment, expert instructors, and a vibrant atmosphere that energizes the mind and body. Their spacious studio is adorned with sleek, modern decor, creating an inviting space for clients to unwind and connect with their inner strength.

Additionally, the Brixton Hill facility features a fully equipped café area that presently remains dormant. However, this presents a prime chance to capitalise on and enhance revenue streams.

Tenure
Both businesses are being sold on a Leasehold basis.

Brixton Hill - We are advised this location has a 15 year lease (break clause every 3 years) and the current rent is £10,000 per annum.

East Dulwich - We are advised this location has a 15 year lease (break clause every 3 years) and the current rent is £13,500 per annum.

Hours
The current trading hours are:

Monday & Tuesday - 8:00am to 2:00pm

Wednesday - 4:00pm to 8:00pm

Thursday & Friday - 8:00am to 2:00pm

Saturday - 9:00am to 1:00pm

Sunday - Closed

Staff
The studio is managed by one full-time contracted manager and supported by 10 freelance staff members who work on a contractual basis. The day-to-day operations run smoothly without the owner's direct involvement, as the studio is entirely manager-operated. The incoming manager has indicated a desire to continue in the role, ensuring a seamless transition.

Financial Profile
The business achieved a turnover of £145,000 in 2023. Full financials can be made available upon further request.