For Sale $975,000
SBX Business Brokers

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SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale


For Sale $975,000

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 1200 consistently active members plus income from personal trainers.

To increase membership and personal trainers.

Well established, but still has strong growth potential.

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

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

Trading Hours

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

One Manager + 4 casuals.

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. - The gym has 1200 members, recent sale of same franchise gym with 600 active members sold for $800k.

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: $975000
  • Trading Hours: 24/7
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SBX Business Brokers
Suite 1, Level 2, 2 - 4 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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