Only Gym in an Area with a Growing Population - Melbourne
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Stock Value: —
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Huge room for improvement. rent only $500 pw. Sale Price of $152,000 includes substantial list of equipment
Located on the northern fringe of Melbourne in an area with a growing population, this is the only full-service Gym in the area. The current owner has invested substantially over the last 2 years to upgrade the Gym equipment, as well as introducing new fitness and wellbeing classes. This has resulted in the growth of membership from below 150 members to over 550 plus members over the last 2 years.
Ideally located on a main road with high exposure to passing traffic
Friendly and supportive environment
Weekly revenue above $2000 per week and growing
Rent of $500 per week plus outgoing
Size of 500 sqm over 2 floors with parking for 30 cars outside of the Gym
Enjoying cash-flow from day one
Growing membership across a broad range of age groups
Experience staff and contractors in place
Potential to introduce 24/7 services
The business is a suitable investment for those seeking to own or start their own gym in an attractive developing area within a semi rural setting.
Asking Price of $152,000. Priced to sell below replacement cost of equipment.