24/7 Community Gym in Prime Oakleigh Location for sale ST1507

3 days ago

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Summary

This is a rare opportunity to own a well-established, community-focused 24/7 gym located in the heart of Oakleigh, one of Melbourne’s most vibrant precincts. Surrounded by major cafes, banks, offices,

About the Business

This is a rare opportunity to own a well-established, community-focused 24/7 gym located in the heart of Oakleigh, one of Melbourne’s most vibrant precincts. Surrounded by major cafes, banks, offices, and trendy hotspots, this gym boasts a strong local reputation and significant untapped potential.

With a spacious 390sqm floorplan, it comfortably caters to its members while offering plenty of room to expand services and increase revenue.

Business Highlights:

- Gym with Community-Centric Atmosphere, known for its friendly and non-intimidating environment where everyone knows everyone

- Nestled in prime Location and a busy precinct with high foot traffic and visibility. The Oakleigh area is rapidly growing, with major retailers attracting more visitors

- With 24/7 Accessibility members enjoy round-the-clock access in a safe, welcoming environment

- Fully equipped with dedicated areas for weight training, cardio, boxing, stretching, and plyometric exercises, with ample modern equipment.

- Turnkey Operation - operated passively by the current owner, who visits only to train. A perfect setup for an owner-operator or investor

- Affordable Rent at $4,900 + GST monthly with a flexible landlord and a long-standing lease arrangement

- Ample on-street parking directly in front of the gym.

Opportunities for Growth:

This gym has operated without any marketing or advertising, presenting immense potential to grow the membership base through strategic initiatives, such as:

- Launching group fitness classes (e.g., boxing, HIIT, Mums and Bubs, and cardiac rehabilitation for the local aging population)

- Introducing challenges like "Summer Shred" or 8/12-week fitness programs

- Partnering with local medical professionals for patient referrals

- Expanding personal training and small group training services

- Utilizing two existing offices as consulting rooms for physiotherapy, nutrition, or other allied health services

- Enhancing member offerings by adding a sauna or converting the extra bathroom into usable facilities

- Revisiting membership pricing and options to maximize revenue

Why To Invest In This Gym?

This gym isn’t just a fitness centre, it’s a well-loved community hub with a reputation for fostering health and well-being in a welcoming environment. It’s a space where members feel at home, with many local workers and restaurant staff calling it their gym of choice.

The current owner’s passive involvement

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