Gym 24-7 - $1,199,000 - Profitable Franchise Health Club-Gym located in Melbourne's Eastern Suburbs - Croydon
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
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 pillars for success.
Will suit a Buyer that is looking to earn $300K+ and drive profitability towards the $350K level.
Large established membership, high profile position within a growing catchment with a very stable repeat Debit Membership payment model which your Banker will appreciate.
Simple to operate with extensive range of Cardio and Strength Equipment, low staff model and no classes.
Property Lease has just been renewed and all Club equipment and fitout requirements have been updated which provides a sizeable asset Depreciation residual which will assist with tax effectiveness for several years.
Current owners have decided to go their separate ways after operating this successful partnership for more than six years.
The club enjoys Impressive street exposure from road frontage position with a strong focus on relationships, customer service and community.
Adjacent to high performing Woolworth's Supermarket and specialty shops.
Other competitors are already located within the catchment providing for a stable trading pattern.
A strong Personal Training culture contributes to high levels of Membership retention with the PT Rent approach the method of engagement.
Located in a stable catchment which provides an ongoing stream of repeat customers and a vast membership data base has also been compiled since the club was established.
Members have 24/7 access via a swipe card system. The gym’s facilities include: a Weights Section; a Cardio Section; Personal Training, and Classes.
Full trading history and Business Information Summary available to Registered and Qualified applicants.
For more details, please contact Bernie on the number above or send through your contact details in the enquiry form below!