Summary
A rare turnkey opportunity for entrepreneurs or fitness professionals seeking a profitable venture in a sought-after growth corridor in Melbourne’s west with annunity revenue & premium location.
Revenue
$570,000 pa
Rent
$70,000 pa
Expenses
$180,000 pa
Net Profit
$320,000 pa
Location Details
Unit 102 - 22/30 Wallace Ave Point Cook
Located next to public transport with plenty of onsite parking. Offering a modern & clean studio envrioment (2) fitness rooms, reception, onsite bathrooms/change faciities & storage room. Secured by 10 year lease to 2035.
Potential
• Diversified revenue streams through the onsite yoga and training businesses
• 15,000-person database - options to sell complimentary products and services
• An immediate, high six figure income with plenty of upside for growth and diversification
• Low overheads against strong cash flow
• Streamlined franchised approach to operations allowing the owner the option to work full time within the business or part time managing remotely
• Well trained dedicated staff (all are graduates of the WWIT - Master of Yoga Program)
Skills
Previous customer service experience - existing fitness industry professional.
Hours
6am-9pm 7 days per week. closed on Public Holidays
Lease
Secured retail lease to 2035.
Employees
10 permanent employees, all are graduates of western wellness teacher training programs who are dedicated and operate autonomously.
Reason for Sale
After 20 years in the industry the owners seek a signifcnat tree change away from Melbourne and offer the new owners up to 12 months comprehensive onsite support.
About the Business
This is a rare turnkey opportunity for entrepreneurs or fitness professionals seeking a profitable venture in a sought-after growth corridor in Melbourne’s west. Secured by annuity-based revenue streams and a premium location, plenty of opportunities exist to expand, diversify, consolidate, or franchise. Passionate investors have an opportunity to capitalize on the well-established customer and brand loyalty that has been the platform for success. The current owners are seeking a significant tree change away from Melbourne and wish to support a new owner through a generous support package below.
Key Highlights
• Full ownership of (2) businesses being the Western Wellness Studio and (WWIT) Yoga Teacher Training Institute, Inclusive of 9 permanent existing staff, intellectual property, chattels (props and equipment), virtual training assets, and Yoga Alliance accreditations
• Diversified revenue streams through the onsite yoga and training businesses and remote online training business with national and international reach
• 15,000-person database - options to sell complimentary products and services
• An immediate, high six figure income with plenty of upside for growth and diversification
• Low overheads against strong cash flow
• Streamlined franchised approach to operations allowing the owner the option to work full time within the business or part time managing remotely
• Well trained dedicated staff (all are graduates of the WWIT - Master of Yoga Program)
• Access to high quality staff through the WW apprenticeship program
• Premium location next to public transport, plenty of customer parking
• Security of a 10-year fixed term operating lease (to 2035)
• 12 months onsite coaching and transition support from the existing owners with ongoing support as required.
• A 100% return on investment within 3-4 years.
History
Western Wellness is a well-established Yoga institution being both a successful wellbeing and fitness studio as well as a training centre of excellence. Supported by a thriving community and dedicated staff, Western Wellness has operated successfully for over 15 years and is the industry leader for yoga and yoga teacher training services in Melbourne west.
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