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Gym Business For Sale in Narre Warren Melbourne VIC

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Group Training Gym 6 -yrs Estd South East Melb

Location:Narre Warren, Melbourne, Victoria

Category:Gym, Health and Fitness, Service

Asking Price:Undisclosed

175000

  • Sales revenue : $237,525
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $65,000
  • Inventory/Stock value : $1,000-$2,000
  • Group Training Gym 6  -yrs Estd South East Melb

Business description

A local institution and on trend Gym with great Brand awareness, cheap rent and strong online reviews. Servicing a wide range of ages and fitness levels this Gym has built a solid reputation based on its principals of lifestyle and wellbeing- promoting physical and mental strength. A community- not just another Gym.

Location Details

Easily accessible only minutes to the Princess Highway and South Gippsland Freeway, with ample parking. Local school and college further add to the draw of this strategic location. Casey district set for huge growth and currently Melbourne’s fastest growing demographic

About the Business| Owners contribution

Specialising in group personal training classes which are designed to suit all levels of fitness. They can be catered to an individual’s experiences and are monitored for correct technique to ensure best results.

A high energy atmosphere with state-of-the-art equipment and a comprehensive free-weights area with a full range of dumbbells and barbells.

Highlights:

  • 6 ½ year trading history
  • 135 members
  • 47.6% Net Earnings
  • Modern on trend fit-out
  • Strong online presence & reviews
  • Great logo/theme and registered URL
  • Room to sublet private rooms to reduce rent further and build a community of likeminded wellbeing professionals
  • Bright, spacious and aerated- 8-meter-high ceilings

Group Fitness

The spacious environment incorporates functional training through battle ropes, torsinators, wall balls and more.

A community rather than a traditional tap your fob and away you go….offer.

Potential & critical success factors

Catering to all ages and fitness levels, this community gym is a solid investment with all the ramp up, brand awareness and hard work complete.

Potential to:

  • Lease out spare rooms (5 in total) to health care professionals. Masseur, Physio, Dietician/Nutritionist to further reduce rent.
  • Open Saturday afternoon and Sundays.
  • Increase morning/afternoon training for mothers’ groups. Currently not promoted.

Sales | $237,525

Lease | March 2020 + 3-year option

Rent | $39,019 PA | $750 PW

Hours | Monday-Friday 6 am -9am & 4pm-8pm

Sat- 7am-12pm | Sun- Closed

Skills | Personal/Group Training, Staff Management, Customer Service, Basic Business admin.

Training | 3 weeks included. Further training could be negotiated

Staff | 2 x Casuals | Total 40 hrs Using Own ABN’s- No Super etc payable.

Reason for Sale | Moving interstate

History | 6 ½ -year trading history 2013

For a confidential discussion and more information on this fantastic opportunity, please enquire today, you will not be disappointed.

Contact Sean McBride on [Phone Number Censored]

Note: Images used for Illustration purposes only.

Other Information

  • Years Established: 6.5
Transworld Business Advisors - South Yarra
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