SOLD – F45 Fitness Studio Franchise – Upper Mt Gravatt, QLD 

Description

TURNOVER: $239K YTD – VENDOR FINANCE OPTION FOR APPROVED PURCHASER 

One of the first sites that F45 opened in Queensland, this successful Fitness Studio has substantially increased turnover (from $187k in 2022) and offers a prime location. 

Whilst the business model focuses on morning and late afternoon sessions, the owners have generated extra income by introducing clever initiatives – such as signing up corporations like Bunnings for exclusive staff lunchtime sessions. 

They also have schools bringing their students to classes – to help them achieve certification of level 3 training – whilst boosting revenue. 

• Group classes with a focus on Functional Training – mix of circuit and HIIT style workouts – 45-minute classes 
• One of the fastest growing franchise businesses in the world – Upper Mt Gravatt Studio opened in 2016 
• Very stable business – Loyal core of members – Some for more than 2 years 
• Clients range from 18 to 80 years – Community-based environment – Includes social events outside normal business hours 
• Each class includes an Instructor plus TV monitors that provide guided steps for each exercise  
• Mainly marketed through social media and member referrals – Plus brand awareness marketing by F45 – Strong recognition brand 
• Great location in shopping strip – Corner of Mt Gravatt-Capalaba Rd and Freda St – Very high level of passing traffic 
• Less than 500 m from Westfield Garden City – one of the busiest shopping centres in Brisbane 
• Assets valued at $130k – A lot of equipment refreshed or updated over the last 2 years 
• Potential to grow membership numbers and open outside of normal trading hours 

Price: $75,000 Negotiable