Business For Sale Melbourne VIC Region, Victoria
Business Category Gyms
$399,000
Description
Thriving Cycle Studio Franchise In Melbourne Suburb
Massive Price Drop of $100,000 for April only as owner moving interstate.
Over 400 Loyal Members | No Direct Competition | Premium Location
Turn your passion for fitness into a profitable venture with this established and high-performing indoor cycling studio. Strategically located in Fitzroy, just minutes from Melbourne's CBD, this business offers a unique, high-energy experience that keeps members coming back. With impeccable online ratings and a strong, loyal community, this is the perfect opportunity for an owner-operator or investor looking to enter the booming health and wellness industry.
Why You Should Ride Into This Opportunity
• Proven Profitability-Projected FY25 Net profit ofover$175,000 per year(owner-operator) with potential for further growth
• Save all the setup hassles and over $300,000 on a new site.
• Proven Profitability-Net profit of$217,513 per yearwith potential for further growth
• Loyal & Growing Membership-Over400 active members, plus 150 casual riders
• Prime Location-High foot traffic, easily accessible via multiple tram and bus routes
• State-of-the-Art Facilities-Fully equipped with premium amenities and performance-tracking technology
• Outstanding Reputation-Flawless Google ratings& a4.9/5 ClassPass score
• Strong Lease Terms-8 years remaining, ensuring long-term stability
• Skilled Team in Place-Fully trained instructors and front-of-house staff
• Franchise of the year 2024
• Largest CycleBar outside of the USA
• Perfect for an owner-operator fitness enthusiast
With flexible trading hours and aturnkey operational model, this business is perfectly positioned for continued success.
Whether you're a fitness enthusiast ready to take charge or an investor looking for a lucrative, hands-off opportunity, this is your chance to own one of Australia's top-ranked indoor cycling studios.
Listing ID: NSW11612
Broker: Theo Pettaras
Phone: XXXXXXXXXX / + XXXXXXXXXX 2
Email: XXXXXXXXXX
Broker: Raquel Calabrese
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the vendor.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Keywords: Health, Fitness, Sports
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Ref: NSW11612
Timestamp: XXXXXXXXXX 3003
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