- Post Updated: 2024-02-07 14:24:38
- Status: SOLD
- Type: Businesses For Sale Franchise
- Location: Sydney
- Business ID: BS153048
Description
Fitness Gym Already Set Up – Cheap Rent – Vendor Finance Available
Profitable from Day 1 with the right staff structure and existing database, this is a fantastic opportunity for an enthusiastic owner-operator.
No longer a Franchise this business is a functional Group Training Studio with a Personal Training Facility as an add-on service.
This business offers huge potential for a trainer seeking their own business – or PTs looking to expand their client base.
Business Highlights:
- Cheap Rent and load of potential
- Owners want quick sale as they are moving overseas
- Huge potential to grow 2 businesses – Group Training & Personal Training – with all the equipment included
- Fabulous split-level premises – 350 sqm with 120 sqm upstairs – enclosed & airconditioned
- Group classes held on ground level – Personal Training Facility upstairs
- 120 Sqm upstairs ready with equipment’s to start dedicated Personal Training Facility
- EBITA: $100K – as neither owner works in the business
- 100 Group Session members @ approx. $40 pw – 250+ Members prior to COVID
- Clients buy 6-month memberships
- Additional annual income from Chiro rental – $25k + GST
- Assets approx. $100k – fitness equipment, squat racks, machines, weights & all fit outs
- Potential to add more classes and run multiple sessions on two floors & extend trading hours
- 12 weeks’ training & support provided + Coaching program for fitness professionals
- Best suited to an Owner-Operator – Investors would need a studio manager
Price: $80,000 – $100,000
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State
- State: New South Wales