Swim Centre - Learn To Swim - Swim School - Learn To Swim - Under Management - Franchise - Sw Sydney Nsw

Business For Sale New South Wales

Business Category Gyms

$189,000

Description

Swim Centre - Learn To Swim - Swim School - Learn To Swim - Under Management - Franchise - Sw Sydney Nsw

Swim Centre - Learn to Swim - South West Sydney - Agent SBX Code Number: SFG1129

Sports - Swim centre. Fully under management franchised swim centre with current enrolments being around 480 swimming students per week. Excellent demographics together with a sublime high foot traffic location in a shopping centre, assuring this learn to swim enterprise will continue to prosper. Currently the present owner only does the bookwork and basic administration from his own office, whereas the staff handle all inquiries, enrol the students, set up the direct debit billing or up front payments, organise the class sizes and do the rostering of staff and hiring of staff. The location in a shopping centre delivers year round inquiries, with the local population increasing due to nearby new housing developments. A very reluctant but necessary sale presents an optimal under management passive income opportunity.

Potential
Increase hours. Advertise for more baby enrolments.

Features
Under management. No direct competitor. Growth area. Excellent location in shopping centre. Easy parking and highly convenient.

Premises
Purpose built learn to swim centre featuring one 15 metre pool with reception area change facilities and viewing totalling 200 sq m.

Location
Perfectly situated in a busy suburban shopping mall in South Western Sydney

Trading Hours
7 days - Monday to Friday 9 am to 2.30 pm & 3pm to 7 pm. Saturday 8 am to 1 pm. Sunday 8.30 am to 12.30 pm.

Lease
Franchisor holds head lease with franchisee under licence agreement for rental obligations. Current lease arrangement to 14th March 2028 with 3 month bond and annual 3% increase.

Employees
1 full time manager + 9 casuals.

Comments
Well established swim centre specialising in learn to swim sessions for babies and primary age children. No swimming squads or training. Excellent under management opportunity. Approximate 50% plus return on investment at current turnover and asking price. A brand new centre would cost around $600k to establish so this existing centre represents superb value. - Misc -1 - Sundry expenses - Misc.- 2 - franchise fee including marketing at 10% of turnover.

Agent SBX Code Number: SFG1129 - Sydney Business Exchange
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SBX Business Brokers

Bsale ID: 628060
Broker REF: SFG1129

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