Sold! Gym Business And Freehold Property - Ipswich, Qld

Business ID: BS152303

Gym with Manager in place - $150k worth of assets - $300k Profit – Property Valued Independently – Business and Property can be sold independently

The business is conveniently located in Ipswich and offers a wide range of gym equipment, fitness classes, and top-notch services such as 24/7 access, attended reception, a women-only room, sauna, and a sheltered outdoor training area.

This successful gym business operates under management and offers flexible membership options that appeal to all members. The property spans 1200 SQM and boasts ample parking, ensuring a hassle-free visit for your clients. The business employs 5 staff and has been generating steady profits and turnover for years.

- Run under management

- $300k Profit a year

- 1200 SQM property

- Ample car spaces and street parking

- 24/7 gym access

- Attended Reception

- Currently employs 5 staff

- Property independently valued at $2M

This gym business is perfect for several types of investors, including individual business owners, experienced gym owners, and commercial property investors. The business is simple to run and provides immediate returns, while the property is valued at $2M by the bank. A full-time manager oversees operations, including the creche service offered during mornings and some evenings, which attracts busy but active parents. Personal training is provided by contractors who return a percentage of their income.

Asking Price: $1,700,000 for both business and property. Can be sold together or separately

Property Code: 3246