Business Sold Brisbane QLD Region, Queensland
Business Category Gyms
SOLD
Description
Independent Fitness Centre Under Full Management
Passive Investment Opportunity.
This is a great opportunity for either investors or owner-operators looking for an independent facility. It operates under full management with a very experienced and well trained team in place.
The business has been established for over 10 years and in the process has developed a very strong local reputation as the most popular fitness centre in town.
The Membership Base is currently sitting at approx 1050. It is a very solid performer. With Summer around the corner, numbers are expected to continue to increase.
Located in a thriving regional community approx 40 minutes drive from the Brisbane CBD. The location is ideal, situated in a busy retail precinct with plenty of exposure and parking. The suburb itself continues to demonstrate growth with no signs of slowing down.
The gym has a 600SQM open floor plan with loads of quality equipment, group training room, creche area, office & bathrooms.
- Excellent location in a suburb experiencing some exciting growth
- Very solid foundations
- Secure lease until 2028 plus 2 x 5 year options.
- Plenty of car parking and high exposure site
- Currently approx 1050 members and majority of income is direct debit
- Loads of potential to offer a wider range of services - sublease to PT's EP's etc.
- Non Franchise means you make the rule.
- Very experienced management team in place
The owner has other business commitments and after 10 years of ownership feels the time is right for a more engaged owner with fresh ideas to takeover and lead the club into its next growth phase.
Priced at $649,000 presenting fair market value.
For further details contact Dustin Slypen from LINK Business Brokers - QLD's leading specialist fitness industry broker.
Business Broker: Dustin Slypen
Ref: BR01185
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: XXXXXXXXXX
Ref: BR01185
Timestamp: XXXXXXXXXX 0051
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