South Eastern Suburbs
Located on a busy main road opposite a major shopping centre in this popular South-Eastern suburb you will find this inspiring, newly renovated 24/7 gym. The business has been transformed via a $60,000 renovation to refresh the space whilst also adding some new equipment. The gym boasts a modern facade leading to an open plan health and fitness environment featuring free weights, cross fit facilities, high-quality weight and cardio equipment plus a training studio with state of the art on demand training sessions via big screen.
This franchise provides its members with 24/7 access, 365 days a year over 250 locations across Australia and New Zealand. With tailored fitness programs and no lock in contracts for its members this gym has forged a great reputation based on offering affordability, convenience and flexibility and is blessed with the perfect health conscious demographics fuelling continued business growth and market penetration for years to come. It’s time to get physically and financially fit with this booming business and great lifestyle choice.
Genuine vendors ready to sell! Call Michael on 0423 287 048 today.
Under Full Management 24-hour gym in busy South-Eastern Suburbs
Run by 1 full time staff member (all personal trainers are contracted)
Strong NET profit of $105,000 (2016/17)
The venue has recently undergone a $60,000 renovation
Gym is spread over 283 sqm with abundant natural light and ample free parking for customers
High foot traffic location being adjacent from a major shopping centre, huge marketing exposure
Current membership of 540 patrons and growing
Top of the line security system fully remote with card swipe entry
Gym opened in 2012 with full financials available for qualified buyers
State of the art free weight and cardio equipment
Franchise agreement in place till 2022
Set franchise fee that isn’t based on revenue
LEASE AND RENT:
Term: Five (5) years
Further terms: One (1) further term of five (5) years
Current rent: $60,000 p.a. + GST approx.
Rent reviews: 4% p.a
Size of venue: 283 sqm including 3 uni sex toilets/change rooms
ASKING PRICE: $300,000
Call Michael 0423 287 048 to inspect TODAY!