High return 24 hour Gym For Sale with low operating costs - NSW Riverina Region.
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Very profitable business $400k+ pa - Sale Price $990,000
One of the most reputable 24 hour Gyms in the Riverina Region is looking for a new owner capable of continuing the established quality services for it's 850+ members. This is a significant opportunity. Excellent brand and reputation.
This 24 hour Gym hosts the largest floor space and quality gym equipment, Cardio machines, massive free weights area, one of the only Astro Turf tracks in Riverina Region and has a spacious area with a generous variety of equipment creating a fitness facility aimed at all fitness levels.
The majority of the membership fees are on a monthly Direct Debit system which guarantees continuity of cash flow.
Profitable Independent Health Club/Gym located in the Riverina Region.
Big profits that will suit either Owner Operator or Investor Owner, a sizeable membership based combined with a long lease at an attractive low level provides continuing for success.
Will suit a Buyer that is looking to earn $400K+ and drive profitability towards the next level.
Large established membership, high profile position within a growing catchment with an attractive mix of repeat Debit and Cash Memberships
Simple to operate with an extensive range of Cardio and Strength Equipment, low staff model and a small amount of classes.
There are small leases to be paid out over the next 12 months or so, then all equipment is owned outright and has a sizeable asset Depreciation residual which will assist with tax effectiveness for several years.
The owner has indicated that he will be available to train, advise and assist the new owner. As well as this he has a highly skilled and mature experienced employee that can be offered. (resume can be provided).
Fitness Enthusiast? Time to pursue your dream? The vendor has done all the hard work in creating a profitable, well patronised, well-equipped centre.
Asking Price $990,000 + SAV