Functional Strength Training Club
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This well known Functional Strength Training club has been operating over the past 2 and half years and is a 5 minute walk from the beach. Beautiful beaches, close to some great schools and right next to Glenelg.
Also Surrounded by residential and commercial properties, this vibrant club has enormous amount of potential especially for a local enthusiastic resident wanting to take that first step into their own club.
The current owner has worked within the franchise brand over 3 years and has decided to focus on family and property Investment. The site is a turnkey investment with only minimal work to be done to continue the growth of the clubs member base and community. Full Franchise support from the Support Office team, which makes this opportunity great for someone starting out or growing their own portfolio.
Perfect opportunity for both the fitness professional or investor
All Equipment Included no Leases to take over
Rent $612 per week / $117 per sqm
$231 Outgoings Per Week
Profit Forecast 43%
Huge potential for growth and expansion
Franchise Normal Start up Costs $220k with no Members
Revenue over $375,000
Asking Price – $375,000 +SAV
Current 3 Year Lease exp March 2021 then 2 x 2 Option
A 3 Month bond is required
5 Staff in total. Current Club Owner fulfils the Manager Position
32 Classes a week Mon – Saturday
270 square metres. – Including Staff Rooms and Parking Area
This club has endless potential to grow and is ideal for a local resident to take the member base to its potential and reap some high financial returns.
The community feel in this club is second to none, people feel like it is their second home and training together as one. With the support of the franchisor and the systems provided, all the new owner needs to focus on is the community feel and buzz and growing the member base to make this club what the locals want. For an Automatic financial return, this is a Great Opportunity not to be missed!