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Gym Business For Sale in Melbourne VIC

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Gym / Fitness Centre Business For Sale Bayside

Location:Melbourne, Victoria

Category:Gym, Health and Fitness, Professional Services

Asking Price:Undisclosed

50000

  • Sales revenue : $8,500 per month
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Gym / Fitness Centre Business For Sale Bayside

Business description

On offer is a ladies only health club/gym/fitness centre. Established 15 years ago in an affluent Bayside suburb with a large membership base. The gym currently operates via keycard access 7 days per week from 6.00am-9.30pm, with low staffed hours of 19 per week. 

The club is fitted with commercial Life fitness / Precor cardio equipment, strength training machines and a variety of functional equipment. This is a secure and well equipped gym located in a busy shopping strip. Offering customers a mix of classes and all day key card access to complete personal workouts.

Key Features of the business:

  • Only 19 working hours per week to run the business.
  • All equipment is commercial grade owned outright and includes cardio machines, pin loaded weight training machines and various functional equipment such as dumbbells, kettlebells, slam balls, battle ropes and medicine balls
  • Ability to extend operating hours to 24/7 via installed commercial key card system
  • Plenty of street parking in front of the gym and easy access to three hour parking lot 
  • Loyal membership base
  • 24 hour surveillance system and duress system installed 
  • Customers can use the facility at leisure during unstaffed hours via key card access or attend staffed group training classes
  • Average income per month is approximately $8,500. The current owner is only working 19 hours per week with no staff to generate this revenue. Making this business a very profitable, easy to run venture for someone wanting a great work life balance
  • The Current owner has negotiated significant rent reduction for six months following reopening after restrictions are lifted.
  • Seven years remaining on lease
  • Business has social media presence and website with online membership application and payment
  • Centre has been reorganised to comply with Victorian Government social distancing guidelines. Signage and sanitising stations have been installed.

This turnkey operation is perfect for a personal trainer or fitness guru looking for a business that offers amazing work life balance and income. Call today for more information.

 

For more information about this amazing opportunity, contact Chris Panagiotidis on [Phone Number Censored] or Elle Likopoulos on [Phone Number Censored]

 

Other Information

  • Real Estate: Located in an affluent Bayside suburb. Plenty of street parking in front of the gym and there is easy access to a three hour parking lot. The gym is surrounded by high quality cafes and neighbouring businesses.
  • Expansion: New owners will have the ability to extend operating hours to 24/7, given a commercial access control system is already installed. This business is the only remaining Ladies only Health Club in the area, ensuring a large niche market of customers. Given the current success of the business with low staffed hours, the new owner could elect to extend staffed hours and services to utilize the lack of competition in the surrounding area and grow the business.
  • Years Established: Established 10 years
  • Employees: Owner
  • Trading Hours: Open 7 Days: 6am - 9:30pm via keycard access.
  • Reason For Selling: Owner wishes to relocate.
  • Lease Terms: Lease of 3x3x3 commenced July 2018 with rent of $2,704 Per Month
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