Maldon, Essex
Offers in Region of
£270,000
£160.81 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,679 sq ft
156 sq m
- SECTOR
Sports facilities for sale
- USE CLASSUse class orders: D1 Non-Residential Institutions
D1
Key features
- Established Business
- Enviable Reputation
- Scope to Expand
- High Quality Fit Out
- Loyal Customer Base
Description
INFORMATION MEMORANDUM
Old Ironworks Gym - Maldon, Essex
Ref: GO2280
Guide Price: OIRO £270,000
EXECUTIVE SUMMARY
Old Ironworks Gym is a highly regarded independent gym located in Maldon, Essex. Known for its strength-focused atmosphere and exceptional equipment range, the gym serves a loyal membership base of over 650 active members and benefits from a prime leasehold location.
The business is fully operational, well-staffed, and offers a turn-key opportunity for an owner-operator or investor looking to acquire a profitable, branded fitness facility with a strong reputation and clear growth potential.
BUSINESS OVERVIEW
Founded and operated with a focus on results-driven training, Old Ironworks Gym blends the best of traditional weightlifting culture with modern fitness trends. It provides a welcoming, inclusive environment that supports members at all levels-from first-time gym users to competitive athletes.
Key pillars of the business include:
A large free weights and machine area
Modern cardio equipment
Strength and conditioning machines from leading brands such as Hammer Strength, Cybex, Hoist, and Power Fabrication
Tanning facilities
Group fitness classes including Circuits and Maldon Bounce
The gym has built a strong online presence and maintains 5-star reviews across platforms such as Google, Facebook, and TripAdvisor.
FACILITIES & EQUIPMENT
Old Ironworks Gym operates from a ground floor commercial unit of approximately 5,500 sq ft, with on-site parking for over 40 vehicles. The facility includes:
Full cardio suite (treadmills, bikes, cross-trainers, rowers)
Extensive free weights area with dumbbells (5kg-60kg)
Plate-loaded, pin-loaded, and cable machines
Functional training zone
Group class studio
Tanning room
Reception, changing rooms, lockers, and refreshment area
All gym equipment, furnishings, and fittings are included in the sale, with a full inventory available to serious parties.
MEMBERSHIP STRUCTURE
The gym offers flexible membership options to suit all usage types:
Membership Option Price
Monthly (Direct Debit) £40/month
Quarterly £109 per 3 months
Bi-Annual £175 per 6 months
Annual £331 per year
Pay-As-You-Go £8 per visit
All memberships include full access to gym equipment, fitness classes, parking, and Wi-Fi.
Financial Overview
The gym has delivered strong and stable revenue performance with lean operational costs. For the financial year ending February 2024:
Turnover: £178,961
Reported Net Profit: £9,301
Adjusted Net Profit: £28,555
These adjustments reflect discretionary and non-operational expenses, giving a clearer view of earnings available to a new owner.
STAFFING & OPERATIONS
The business is operated by the owner with the support of a team of 9 part-time staff who cover classes, reception, and cleaning duties.
There is scope for a hands-off ownership model through the introduction of a full-time gym manager. The team is experienced, reliable, and well-liked by members.
MARKET OVERVIEW & GROWTH POTENTIAL
The UK gym industry continues to show strong post-pandemic recovery, driven by rising health awareness and a broader focus on physical and mental wellbeing.
Old Ironworks Gym is well-positioned to capitalise on these trends with a loyal member base, strong local brand, and a large, well-equipped facility.
Growth Opportunities:
Expand class schedule (e.g. yoga, women's weights, bootcamps)
Introduce branded merchandise and supplements
Partner with local businesses for corporate memberships
Develop youth fitness programs or school partnerships
Launch online content or member app for engagement and retention
LEASEHOLD PREMISES
Size: c. 5,500 sq ft
Parking: 40+ spaces on-site
Tenure: Leasehold
Lease: To be assigned to the buyer or a new lease agreed with the landlord (terms TBC)
REASON FOR SALE
The current owner is pursuing new opportunities and is offering a full handover period to ensure a smooth transition for staff and members.
SALE DETAILS
Guide Price: Offers in the region of £270,000
Sale Structure: Asset sale - includes business goodwill, equipment, customer base, digital assets, and operating infrastructure
Handover Support: Available by agreement
VIEWING & CONTACT
This is a confidential sale. Viewings and further details are available by appointment only, subject to a signed non-disclosure agreement (NDA).
To enquire further, please contact:
Goodwins Business Brokers
Old Ironworks Gym - Maldon, Essex
Ref: GO2280
Guide Price: OIRO £270,000
EXECUTIVE SUMMARY
Old Ironworks Gym is a highly regarded independent gym located in Maldon, Essex. Known for its strength-focused atmosphere and exceptional equipment range, the gym serves a loyal membership base of over 650 active members and benefits from a prime leasehold location.
The business is fully operational, well-staffed, and offers a turn-key opportunity for an owner-operator or investor looking to acquire a profitable, branded fitness facility with a strong reputation and clear growth potential.
BUSINESS OVERVIEW
Founded and operated with a focus on results-driven training, Old Ironworks Gym blends the best of traditional weightlifting culture with modern fitness trends. It provides a welcoming, inclusive environment that supports members at all levels-from first-time gym users to competitive athletes.
Key pillars of the business include:
A large free weights and machine area
Modern cardio equipment
Strength and conditioning machines from leading brands such as Hammer Strength, Cybex, Hoist, and Power Fabrication
Tanning facilities
Group fitness classes including Circuits and Maldon Bounce
The gym has built a strong online presence and maintains 5-star reviews across platforms such as Google, Facebook, and TripAdvisor.
FACILITIES & EQUIPMENT
Old Ironworks Gym operates from a ground floor commercial unit of approximately 5,500 sq ft, with on-site parking for over 40 vehicles. The facility includes:
Full cardio suite (treadmills, bikes, cross-trainers, rowers)
Extensive free weights area with dumbbells (5kg-60kg)
Plate-loaded, pin-loaded, and cable machines
Functional training zone
Group class studio
Tanning room
Reception, changing rooms, lockers, and refreshment area
All gym equipment, furnishings, and fittings are included in the sale, with a full inventory available to serious parties.
MEMBERSHIP STRUCTURE
The gym offers flexible membership options to suit all usage types:
Membership Option Price
Monthly (Direct Debit) £40/month
Quarterly £109 per 3 months
Bi-Annual £175 per 6 months
Annual £331 per year
Pay-As-You-Go £8 per visit
All memberships include full access to gym equipment, fitness classes, parking, and Wi-Fi.
Financial Overview
The gym has delivered strong and stable revenue performance with lean operational costs. For the financial year ending February 2024:
Turnover: £178,961
Reported Net Profit: £9,301
Adjusted Net Profit: £28,555
These adjustments reflect discretionary and non-operational expenses, giving a clearer view of earnings available to a new owner.
STAFFING & OPERATIONS
The business is operated by the owner with the support of a team of 9 part-time staff who cover classes, reception, and cleaning duties.
There is scope for a hands-off ownership model through the introduction of a full-time gym manager. The team is experienced, reliable, and well-liked by members.
MARKET OVERVIEW & GROWTH POTENTIAL
The UK gym industry continues to show strong post-pandemic recovery, driven by rising health awareness and a broader focus on physical and mental wellbeing.
Old Ironworks Gym is well-positioned to capitalise on these trends with a loyal member base, strong local brand, and a large, well-equipped facility.
Growth Opportunities:
Expand class schedule (e.g. yoga, women's weights, bootcamps)
Introduce branded merchandise and supplements
Partner with local businesses for corporate memberships
Develop youth fitness programs or school partnerships
Launch online content or member app for engagement and retention
LEASEHOLD PREMISES
Size: c. 5,500 sq ft
Parking: 40+ spaces on-site
Tenure: Leasehold
Lease: To be assigned to the buyer or a new lease agreed with the landlord (terms TBC)
REASON FOR SALE
The current owner is pursuing new opportunities and is offering a full handover period to ensure a smooth transition for staff and members.
SALE DETAILS
Guide Price: Offers in the region of £270,000
Sale Structure: Asset sale - includes business goodwill, equipment, customer base, digital assets, and operating infrastructure
Handover Support: Available by agreement
VIEWING & CONTACT
This is a confidential sale. Viewings and further details are available by appointment only, subject to a signed non-disclosure agreement (NDA).
To enquire further, please contact:
Goodwins Business Brokers
Energy Performance Certificates
EPCMaldon, Essex
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Hatfield Peverel Station4.8 miles
- Witham Station5.2 miles
Notes
These notes are private, only you can see them.
Disclaimer - Property reference GO2280. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Goodwins Business Brokers Ltd, Covering - Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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