Listing status: Inactive

Payment not completed Reason: Withdrawn

Fitness - Gymnasium - Full Service Gym - Fitness centre - Superb equipment - Central Coast - Low rent - 185+ Members - SFG1070

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


Key Strengths:


About the business

Fitness - Gymnasium - Full Service Gym - Central Coast - Agent SBX Code Number: SFG1070

Fitness centre with an emphasis on functional fitness fully set up with no further outlays required. - This near new gym features new state of the art Rogue branded equipment. -As this facility is only two years old and being situated in a growth corridor the potential for high profits is firmly established. - Other equipment includes body scanner, extensive circuit equipment, high level of general weight and conditioning equipment, shower facilities and a sauna. - Also included is a separate physio/body work room which is sub lettable which will halve rental liability. - Currently the centre has around 185 members on weekly plans and also is a participant in the NSW Government Fitness Passport scheme thus increasing patronage. - Approx. 47 classes are conducted p.w. indicative of a full service fitness centre and gymnasium.

Potential
Further expand memberships. - Develop local school fitness classes. - Develop seniors daytime market. - Develop franchise model emphasing functional fitness.

Features
State of the art equipment. - Written circuit and functional systems. - Growth area. -Business in growth phase. - Well located. -Strong sub-lease potential. - Low rent. - Quality website.

Premises
Near new airy gym with reception, facilities and sauna, and large circuit, weight and integrated class areas totalling 450 sq.mts.

Location
Well located in vibrant industrial area with large working population in a desirable growing Central Coast township.

Trading Hours
7 days - Mon. - Fri. - 5 a.m. - 7 p.m. - Sat. - Sun. - 6 a.m. - 5 p.m.

Lease
5 year lease to March 2025 + 5 year option. - 3% annual increases. - 3 month security bond

Employees
1 part-time owner + 2 casuals. - Several independent ABN trainers.

Comments
Brilliant opportunity to acquire near new gym with excellent new high level equipment. - All systems are in place with detailed written programs making the acquisition suitable for experienced trainer or investor. - The systems revolve around functional fitness, HITT, strength and Tabatta being in demand and popular regimes. - These detailed systems and excellent branding make this opportunity franchisable on a national basis for the entrpreneurial new owner. - Social media presence is strong with a favourable Facebook 5 out of 5 rating with over 800 followers and a highly attractive website orientated for marketing towards new membership. - All equipment is less than 2 years old representing a capital outlay of around $190,000 and is included in the asking price. - Misc.- 1 - refers to various sundry expenses and Misc.- 2- refers to workers compensation costs.

Figures
Weekly Sales $7000
Rent (ex GST) $920
Wages $1700
Profit $3575


Agent SBX Code Number: SFG1070 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$149,000
Yearly Profit :

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Country

Australia

State

New South Wales

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Established on
1988

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
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New South Wales
Australia
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