For Sale $900,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $900,000

Business Details

Gym - Fitness Centre - Franchise - South West Sydney

\nGym - Fitness Centre - Franchise - South West Sydney - Agent SBX Code Number: GN1251

Gym - fitness centre which is part of a major franchise chain with over 180 gyms across Australia and opens 24/7. - Recently named Australias No.1 Franchise and BRW No. 8 fastest growing business in Australia. - The gym has 1000 consistently active members plus income from personal trainers.

Potential
To increase membership and personal trainers.

Features
Well established, but still has strong growth potential.

Premises
Well presented gym with an area of 380 sq. mts. - An additional 150 sq.mts. is available for lease next door.

Location
Situated in the heart of major suburban shopping centre in Sydneys South West.

Trading Hours
24/7

Lease
Current lease expires 31st October, 2018 + a further 5 year option. - 3 months bank guarantee - annual increases.

Employees
One Manager + 4 casuals.

Comments
The sale price includes all equipment which does not need replacing as it is still in excellent condition - Rent includes all outgoings.- The successful purchaser will be provided with high level of initial and ongoing training and support. - Any potential buyer would need to be approved by the Franchisor. - Miscell. 1 is for weekly Franchise fee.- Nett profit includes $960 a week that the owner receives from personal training and is available to any new buyer. - Industry experience is not required. - There is a one off payment to the Franchisor of $7,500 for transfer training.- Inspections by appointment only. - not available between the hours of 4.00 p.m - 7.00 p.m daily.

Figures
Weekly Sales $12626
Rent (ex GST) $2401
Wages $961
Profit $7818

Agent SBX Code Number: GN1251 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $4708
  • Business Selling Price: $900000
  • Trading Hours: 24/7
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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