analytics

$1,695,000 ONO

Cluster of 2 Anytime Fitness Franchises for sale in Victoria

COMBINED INCOME: The COVID Closure bounce back has started

 

YTD 1 January 22 – 30 June 22 = $483,332 (6 Months)

Extrapolated Annualised 2022: $966,664

2021 = $789,613

2020 = $1,124,280

2019 = $1,620,411

2018 = $1,649,626

 

COMBINED EBITDA: The COVID Closure bounce back has started

 

YTD 1 January 22 – 30 June 22 = $175,394 (6 Months)

Extrapolated Annualised 2022 = $350,788

2021 = $270,758

2020 = $414,943

2019 = $704,152

2018 = $793,088

 

PLEASE NOTE:  THERE HAS BEEN NO ADJUSTMENTS MADE FOR COVID CLOSURE DURING ANY YEAR.  During COVID Victorian Gyms were closed almost as much as they were open.  They are back open in full swing and membership are back in growth.

 

Please note: The above YTD figures were normalised and extrapolated from management accounts from 1 January 2022 to 30 June 2022 to show the current success and growth coming out of COVID with no closures. 

 

There are also 4 years of full accountant supported financials

Gym 1 Pre- COVID Membership = 1369 / Current Membership 778

Gym 2 Pre- COVID Membership = 1010 / Current Membership 459

The gyms are now back in growth faze as we head out of COVID.

Gym 1 Size - 615sqm.  Gym 2 Size – 600sqm. 

Long Leases Available

The gyms are Under Full Management.

Both Gyms will come unencumbered.

The clubs are all high yielding Anytime Fitness Clubs.

Both clubs have good parking available.

Australian tier one gym franchise.

Head office marketing and operational support.

24/7 operation with minimal staffing requirements.

Proven concept with extremely low operational costs allowing larger profits.

The cluster of gyms presents a huge opportunity for a savvy owner / operator or maintain current structure and remain at arms- length.

State of the art facility with a fully systemised operation.

Ducted Air Conditioning throughout.

Submit your enquiry now and step into 2 of Australia's Blue Chip Franchise Gyms.

 

Ref# 234

 

Clifford Forster

For more information request a Business Profile at:
www.universalbusinessbrokers.com.au/property/234

PLEASE NOTE:

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

Details

State VIC
Price $1,695,000 ONO
Property Type Business
Property ID 234
Category Leisure/Entertainment, Leisure/Entertainment, Franchise

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