SOLD – Independent 24/7 Gym in Coastal Town -Hervey Bay, QLD

Description

Turnover: $232k – Under Management – Perfect for Owner Operator

If you are a Fitness Professional or Small Business Entrepreneur, you can’t ignore this popular established Gym in the thriving coastal suburb of Pialba.

Established in 2014 and now directly managed by current owner for the last 12 months, it represents a great return on investment, or the perfect business for an owner-operator.

The friendly local community feel of the gym attracts a diverse demographic of clients from the young and the young at heart, including local High School students, Seniors, Uni students, Mums and Tradies.

• Independent 24/7 Gym with Personal Trainers and Fitness Classes, Exercise Physiologists available and services for NDIS clients
• Body Corporate approval to build an outdoor training area at the back of the building 
• Highly rated by clients of all ages for 24/7 access, value for money and staff assistance
• Current owner since 2015 – Under management past 12 months
• Premises: 350 sqm over 2 Levels 
• Current lease expires in August 2024 with option for further 5 years
• Excellent Assets included – valued at $367k including fitout, equipment and stock
• Marketed via Social Media content and paid advertising, Google ads/reviews, website, referral campaigns
• Clientele includes High School students, Pensioners, University students, Mums
• 270 members on direct debit contracts + 140 members pay as they go + 190 members on Fitness Passports
• 1-2 weeks’ training if required by new owner
• Current owners relocating 

Price: $175,000