Two Independent 24/7 Gyms.

Today, 3:00am

Location:
Mornington 3931 > Melbourne > Victoria

Investment level:
$425,000

Type:
Business

Industry:
Health, Beauty & Fitness > Sport, Fitness & Adventure > Gym

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Summary

BS7184This is an opportunity to purchase either two well-run and well-attended gyms, individually or as a single package.These relatively new centres are catering for the growing desire for access ...

About the Business

BS7184

This is an opportunity to purchase either two well-run and well-attended gyms, individually or as a single package.

These relatively new centres are catering for the growing desire for access to health and fitness under a much more flexible model.

On the instructions of the Vendor, it has been decided to offer these modern and independent 24/7 gyms either as a package or separately. They are located on the very busy and attractive Mornington Peninsula and would be ideal for someone looking outside the franchise model. There are over 900 active members.

These relatively new centres are catering for the growing desire for access to health and fitness in a much more flexible model. Being independent they are not restricted by the Franchise model. There are multiple weekly membership options available depending on age as well as preference for gym only or gym and group classes. The majority of the current membership is on Direct Debit.

The larger of the two locations has a lease for the next 15 years and the smaller, a lease expiring in 2020.

Much of the hard work has been done through an online presence and a strong marketing program in the area. Both are well-equipped with the latest resistance and cardio machines. Working with the two owners are two fitness instructors as well as a media and marketing assistant. In addition to the 900+ active members across both centres, there is a total database of over 7,300.

This is an opportunity to purchase either two well-run and well-attended gyms, individually or as a single package.

Business Highlights

Being independent they are not restricted by the franchise model
Opportunity to purchase two well-run gyms separately or as a single package
Gyms occupy rented premises with main road visibility
Well-equipped with the latest resistance and cardio machines

The opportunity to purchase two well-run gyms as a single package or separately would ideally suit personal trainers or experienced operators looking for growth through acquisition.

Sold as a package for $425,000 - Gym 1 - $350,000. Gym 2- $110,000.

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