F45 Fitness Studio Franchise - Upper Mt Gravatt, Qld
Business ID: BS153465
TURNOVER: $239K YTD - VENDOR FINANCE OPTION FOR APPROVED PURCHASER
One of the first sites that F45 opened in Queensland, this successful Fitness Studio has substantially increased turnover (from $187k in 2022) and offers a prime location.
Whilst the business model focuses on morning and late afternoon sessions, the owners have generated extra income by introducing clever initiatives – such as signing up corporations like Bunnings for exclusive staff lunchtime sessions.
They also have schools bringing their students to classes - to help them achieve certification of level 3 training – whilst boosting revenue.
- Group classes with a focus on Functional Training - mix of circuit and HIIT style workouts – 45-minute classes
- One of the fastest growing franchise businesses in the world - Upper Mt Gravatt Studio opened in 2016
- Very stable business - Loyal core of members - Some for more than 2 years
- Clients range from 18 to 80 years – Community-based environment - Includes social events outside normal business hours
- Each class includes an Instructor plus TV monitors that provide guided steps for each exercise
- Mainly marketed through social media and member referrals – Plus brand awareness marketing by F45 - Strong recognition brand
- Great location in shopping strip - Corner of Mt Gravatt-Capalaba Rd and Freda St - Very high level of passing traffic
- Less than 500 m from Westfield Garden City - one of the busiest shopping centres in Brisbane
- Assets valued at $130k - A lot of equipment refreshed or updated over the last 2 years
- Potential to grow membership numbers and open outside of normal trading hours