22km east of CBD
For Sale $745,000
Michael Dillon

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Michael Dillon

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Just Business Brokers. Com
2/48 Easey Street,
Collingwood, VIC 3066

22km east of CBD

Franchise for sale

22km east of CBD, VIC

For Sale $745,000

Business Details

ANYTIME FITNESS - 22KM EAST OF CBD

Anytime Fitness Franchises are 24 hour health and fitness clubs, open all year long. This brand now operates in over 3000 locations across 29 countries, including over 400 in Australia and, with over 12 years trade history, this business model which is based on appealing to a wide demographic and its 24/7 access is a personal solution to everybody’s fitness needs.

This franchise opened in July 2013 and has shown rapid growth ever since. It is located in a high profile location with huge main road exposure and is surrounded by the perfect health conscious demographics fueling its continued business growth and market penetration for years to come. Versatile and affordable memberships backed by the latest equipment, amazing amenities, highly qualified personal trainers & staff, means this place is arguably the best gym facility in the Eastern Suburbs.
The time to get physically fit and financially secure IS NOW!

Call Michael on Click to call today and SETTLE in time for SUMMER!

BUSINESS HIGHLIGHTS:
Fully under Management 24/7 gym in a high profile Eastern Suburb
Run by 1 full time staff member.
All personal trainers are contractors and pay rent
VERY STRONG adjusted net profit $267,650.00 15/16 financial year
ALL EQUIPMENT UNENCUMBERED
406 square meter space with abundant natural light.
Gym opened in July 2013
Currently has 600 active members
On major main road with great exposure and surrounded by ample free parking spaces

BUSINESS STRENGTHS:
Part of the “Anytime Fitness” franchise, well established brand & reputation
79% - 18 month memberships & 21% - 12 month memberships
Top of the line security system fully remote with card swipe entry
State of the art equipment all strength & Cardio equipment only 3.5 years old
Franchise agreement in place till 2018
The suburbs major shopping center just reopened with major redevelopment (500mtrs away) now the main road has reopened the membership is expected to increase by 30% over the next 4 months. Suburb and surrounds now major growth corridor and satellite city has seen population increase rapidly and will continue over the next 5 years.

LEASE AND RENT:
Term: Five (5) years
Further terms: Two (2) x five (5) year options
Current monthly rent $6,005 +GST
Rent reviews: 3.5%
Size of venue: 406 meters sqr

EQUIPMENT & FIT OUT:
1ST class equipment under hire purchase to be transferred to new owner (20 months remaining)
“Hammer Strength” & “Life Fitness” branded equipment, fully maintained & in excellent condition
Fit out includes 3 Uni sex toilets/change rooms and 1 front office

FINANCIALS:
Financials Readily Available for qualified buyers

PRICE:
$745,000.00
Call Michael Click to call to inspect TODAY!

Summary »

  • Business Category: Franchise
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Just Business Brokers. Com
2/48 Easey Street,
Collingwood, VIC 3066

Phone: 0409 965 540
Fax: 03 8695 0025

Michael Dillon
Mobile: 0423 287 048

Michael Dillon
Phone: 0423 287 048
Mobile: 0423 287 048

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