CrossFit gym for sale

10 days ago

Private Seller

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Summary

Well established 6.5 year old CrossFit gym with high quality equipment, profitable business model, debt free no equipment overheads. Recently refurbished. Long lease, great central location.

Revenue

$35,000 pq

Rent

$8,100 pq

Expenses

$15,300 pq

Net Profit

$11,600 pq

Location Details

Unit 7 6-8 Cavendish St
The Southern Highlands is a sought after and beautiful area. The gym is situated in an industrial area on a busy main road that connect the two major shopping areas and towns. Ample parking for your members and fantastic accomodating businesses.

Potential

With the potential for another 40 members there is plenty of room for growth. There is also a treatment room built within the facility that is a possible revenue stream for other practitioners/modalities eg, massage, physiotherapy etc
There is also plenty of interest in childrens fitness classes within the current membership and surrounding community.

Skills

The only qualifiaction needed to start running this business as your own is the CrossFit certification Level 1. This is als a requirement to take over the CrossFit affiliate with CrossFit Headquarters.
Of course you don't need to continue as a CrossFit affiliate and are more than able to run it as a stand alone unaffiliated functional fitness gym of your own branding

Hours

Mon, Wed, Fri 6am, 9:30, 4:30, 6pm
Tues, Thurs 6am 9:30, 4:00, 6:30
Sat 8:30-10:30
Sun CLOSED

Lease

The current lease expires May 2019 with an option for a further two years.

Employees

Owned by husband and wife with two other part time coaches

Reason for Sale

After building this business for the past 6.5 years the partners have a desire to move to the coast and pursue other interests.
They always loved the idea of the challenge of starting something something from scratch and feel they have achieved that goal and are ready to move on.

About the Business

A fundtional fitness, CrossFit box that has a family focus. It currently has 75 members with, in our opinion, a capacity of 120. It has a well established reputation in the Highlands as a friendly and knowledgable gym. It has a solid and tight knit community feel. There is one other CrossFit gym in the area with more than enough population for the two to be successful.
The owners have taken great care to choose only quality equipment that has no lease arrangements and is all owned outright.
There is no money to spend just walk in and immediately start earning money and continuing to grow.
With so many more opportunites to add to the revenue stream such as barbell clubs, childrens classes, bootcamps, personal training to just name a few.
It has the following features:
*established August 2012

* 300m2 space (50m2 taken up with treatment room that is easily removed if not needed)

* Pendlay HD bars

* Pendlay elite plates

* 4 Concept 2 rowers

* Rogue rig - as used at 2012 Australian regionals, wall mounted or free standing

* Rogue squat racks

* 6 climbing ropes

* Canadian stall mat flooring - 2m x 1m x 40mm

* plenty of assorted extras - dumbells, kettlebells, wallballs, change plates etc

* athlete lounge area

* drinks fridge

* plus more

History

The partners started this business in August 2012. Naomi had more than 15 years of experience in fitness and massage as well as nutrition when they opened and Dave had a background in Fire and Rescue as well as a Cert III & IV in Fitness and personal training, They then both completed their CrossFit Level 1 and Dave has since added Level 1 Australian Weightlifting coach as well.
They were both keen to start something of their own and loved the CrossFit philosophy. They have since grown it to its current success

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