analytics
Sold

Plus Fitness 24/7. Sydney Region.

SOLD

2020/21 Turnover of $792,601.5 (annualised).

2020/21 PEBITDA $417,252.00. (annualised).

Exceptional lease terms with an additional five year option to renew.

Rent only $124,634 per annum (plus outgoings) with CPI increases annually throughout the lease and option period.

Low competition in the surrounding area largely due to tightly held commercial property.

A new functional training section has been added that sets this gym apart. This unique and sizeable addition allows group fitness classes and additional PT income.

Approximately 1000 square metres of floor space. Extremely rare to find this sized 24/7 franchised gym that allows the bonus functionality of personal training and group fitness.

An abundance of parking, both onsite and public and in close proximity to Bunnings and a thriving business park.

Excellent street frontage offering exposure to over 60,000 cars per day.

Huge street front signage.

Approximately 1350+ members.

Australian tier one gym franchise.

Current opportunity to increase revenue directly by renting out available consulting rooms to complimentary businesses/consultants (ie, Physio, massage, etc).

Ongoing, verifiable profit combined with a long lease with excellent terms ensures longevity.

All equipment is of high quality, diligently maintain and serviced and unencumbered.

State of the art facility with a fully systemised operation.

Currently run under management.

Head office marketing and operational support.

24/7 operation with minimal staffing requirements.

The current owners have done the hard work and have prepared this business for sale at the highest standard.

Ducted air-conditioning throughout.

In the gym/fitness market, this can be considered a “Unicorn”! In the investment world, this refers to an investment opportunity so rare that finding one is as difficult as finding the mythical unicorn!

 

Contact Clifford Forster for a confidential discussion on how to proceed.

Ref# 197

Clifford Forster

 

For more information request a Business Profile at:

Universal Business Brokers - Plus Fitness 24/7. Sydney Region.


PLEASE NOTE:

THE PURCHASER IS TO DO THEIR OWN INVESTIGATION INTO THE BUSINESS AND NOT RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR ANYONE ON THEIR BEHALF.

 

 

Details

Price SOLD
Property Type Business
Property ID 197
Category Leisure/Entertainment, Franchise, Beauty/Health

Tools

Share This Business