Passionate about health and fitness? Be your own boss without the franchise fees with this successful and profitable established unique gym and fitness business model. Outstanding premises/fit-out, growing member numbers, with zero competition netting you $100k + from day one with a choice to continue portable management or get more involved increasing your profits.
HANG TUFF is Looking for a new ambitious owner to continue its mission and growth.
Hang Tuff, Perth’s Unique Fitness Studio which has dedicated its training style to this awesome equipment, empowered by the original TRX brand, coached by certified TRX trainers and specialized on Suspension Training Exercises.
Hang Tuff has done no marketing at all outside of simple lead-generation from Facebook and Instagram. Over 85% of new clients come from these sources and the rest from referrals. Hang Tuff has several automated systems in place that short circuit problems, build customer trust, and growing reputation as the leading suspension training studio in Perth.
* Established 5 Years
* Net profit $100k +
* Strong member base and retention.
* Excellent contracted trainers and staff in place.
* Fully managed with the option to work further in the business as a coach.
* TRX studio and a free weight personal training gym. Plus an additional mezzanine floor space of 80m2.
* The annual turnover is currently $240,000 and growing even after Covid-19 events.
* Current Net profits exceeding $100,000 per annum and has grown to potentially exceed $150,000.
* Business trademarked and is primed for expansion.
The hardest part of the fitness industry is making your business work for you. Here at Hang Tuff, the brand, the workouts, the results, the environment, and the community as well as its world-class coaches create the experience and the product.
The hard work (and risk) in a service-based business, such as Hang Tuff is largely in the early years. Researching markets, developing programs, creating automation and systems, website-development, ads and market-testing, facility fit-out, training staff, creating a team, marketing your brand, establishing a footprint in the industry, getting reviews and followers all takes time, patience and experience. In Hang Tuff’s case, this work is already done and done well.
Existing premises are leased year to year with a negotiable extension of three years in place. Advertised price includes the cost of equipment as goodwill (valued at the time of sale around $30,000).
1. Maintain the current structure and enjoy net profits
2. Expand within one Facility and develop new products or classes and leverage brand loyalty.
3. Expand beyond one facility – Research has already been done for Osborne Park, Perth CBD, and south of the river.
This very exciting business is seeking its new owner to take it to the next level. Everything is in place for you to continue and grow. Being sold at a modest price considering the net profits.
If you are interested in learning more, please enquire today.
5 Gross Turnover:
230,000 Stock Included:
Yes Approximate Stock Value:
30000 Number of Employees:
4 Car Spaces:
10 Floor Area:
235m2 Property Size:
235m2 Property Title Included:
No Business Relocatable:
Yes Business Operated from Home:
Yes Local Council:
Wanneroo YouTube Share URL:
https://youtu.be/L1E3NkXFeDY Sold Status:
Under Offer Status Changed: