Summary
Strategic High Profile location in affluent suburb with a unique outdoor training zone. Currently operates under management, or owner operate and earn more. No franchise fees to drain your profits.
Revenue
$543,000 pa
Net Profit
$150,000 pa
Location Details
Exclusive South Perth/Victoria Park Location: Strategically located 3 km's from the CBD with unprecedented visibility from the passing 40,000 cars a day. Ample free parking within 10 meters.
Potential
With its high profile location expansion into retail sales of supplements, accessories and or gym clothing remains an untapped opportunity along with an expansion of member allied health services would further enhance this businesses profits.
Skills
The business is simple and fun to operate. A full procedure manual has been prepared covering all aspects of running the business. The business can run with the staff already trained and in place and you simply manage it from a distance, Or become the owner operator and watch your investment yield increase. In a owner operator format, some gym related experience (even being a a prior gym member) would be ideal, but not necessary
Hours
The gym is staffed 2.30pm to 6.30pm weekdays and saturday 9.00am to 12.00pm, totalling 23 hours per week
Lease
Lease expires in 2029
Employees
Two (2) part time
Reason for Sale
The seller runs another large non related business in conjunction with this gym business and after 5 years, has decided to focus attention on his core business.
About the Business
This business offers a unique opportunity to own a boutique gym in the heart of South Perth/Victoria Park. Known for its intimate, community-driven atmosphere, XS Fitness attracts a dedicated clientele who value personalised training experiences. Currently run under management or earn even higher profits as an owner operator. With a reputation for its friendly vibe this gym has built a strong, loyal member base. Ideal for buyers looking to enter the fitness industry or corporates wishing to expand their gym portfolio with the addition of this strategically located site.
The business is simple to operate with strong cash flow every week. With no classes to manage and three (3) Contract personal trainers on a weekly rental basis, this business delivers a dependable return on investment of circa 30% run under management or 50% run as an owner operator.
The businesses mantra: The friendliest Gym- The Cleanest gym- The safest gym
Why this Gym Stands Out:
- Exclusive South Perth/Victoria Park Location: Strategically located with unprecedented visibility with ample free parking within 10 meters.
- Premium Facilities: Modern equipment, unique outdoor training zone, modern interior, reverse cycle air conditioning, 30Kw solar PV system, unique UV Sanitising lights throughout, showers and a layout that maximizes client engagement and comfort.
-Security and automation: The facility is protected 24/7 with 12 x CCTV Cameras all available from an app and control the climate remotely from another app. An automated close up/open up system is available to control the UV Sanitising lights
- Established Member Base: Enjoy the stability of a gym with a steady stream of clients and a strong local reputation with dependable cash flow.
- Potential for Growth: Expand services to include more personal training, wellness programs, and community events.
- Digital Reach:The business has a strong social media presence, with a near new website making it perfect for marketing and member retention.
Financials and Operations:
- Turnkey Operation: Fully operational and operated under management from an experienced team, proven systems, and processes in place.
History
The seller acquired the business in 2019 after being a member of the gym for 3 years prior. It was first opened in 2015. Having survived the mandatory Covid close down in 2020 the business quickly restablished its member base proving the resilliance of the business and the loyalty of its members.
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