Summary
An exciting opportunity is now available to become a minority shareholder in Pride Gym Underwood, Brisbane's newest premium boutique gym and recovery facility.
Revenue
$35,000 pm
Location Details
2938 Logan Road
Positioned on a high-exposure main road and experiencing consistent growth over the past six months, the business has established strong momentum with significant future potential.
Potential
Based on current growth trends, we are estimating a $400,000 profit margin PA as a conservative manner in the next 12 months
Skills
NA
Hours
NA
Lease
Our location is secured on a 5+5 year lease
Employees
Pride Gym Underwood has a small team of 5 staff members
Reason for Sale
We are seeking a minority shareholder to assist in further CAPX development of our flagship site
About the Business
### About the Business
Pride Gym Underwood is a premium boutique fitness and recovery facility built around a diversified, high-yield business model rather than relying solely on membership numbers.
Our focus is on maximising revenue per member through multiple income streams, creating a stronger and more resilient business. Current revenue pillars include:
Recurring Membership Direct Debits - providing predictable monthly income.
Upfront Membership Sales - generating immediate cash flow.
Retail Sales - including supplements, beverages, café products and merchandise.
Personal Training & Coaching - delivered through our in-house coaching model.
Commercial Sublease Income - currently generating approximately $50,000 per annum.
Rather than pursuing a traditional high-volume, low-ticket gym model, Pride Gym has been designed to increase member value through premium services, coaching, recovery and retail. This approach supports stronger revenue per member, multiple profit centres and reduced reliance on any single income source.
Following six months of consistent growth, the business has established strong foundations and is now entering its next phase of development, presenting an opportunity for an incoming shareholder to participate in its continued expansion.
History
After years in the fitness industry, we recognised that many facilities focused on selling memberships rather than supporting long-term results.
From day one, our mission has been to provide members with the tools, guidance and environment needed to achieve lasting results. Through capped memberships, personalised support, recovery facilities and a premium member experience, we continue to build a business focused on outcomes, not just attendance.
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