Summary
A rare opportunity is right in front of you with one of the Western suburbs largest membership based Gyms. Fully kitted out and revamped, its ready!
Revenue
$260,000 pa
Rent
$42,000 pa
Expenses
$80,000 pa
Net Profit
$138,000 pa
Location Details
233A Henley Beach Rd, Adelaide
Located on the popular Henley Beach Rd.
Potential
To new owners requirements. Rebranding opportunity exists or maintain.
Skills
Subjective to new servcies offered by new owner. You can maintain existing services or add new services to suit your needs.
Hours
Currentley a 24/7 facility with classes 5am, 6am, 5pm & 6pm weekdays plus weekends.
Lease
5 years
Employees
The gym has multiple contractors who pay a flexible/stable rent to use the gym. The current owner is one of them and ideally is happy to stay on and contract there own clients from the gym. If desired.
Reason for Sale
In 2005 I fell in love with this industry, 20 years on for me, I can say it's been a wonderful journey & provided an exceptional lifestyle with financial freedom. Now, I have decided its time to pursue my other passions, which allow me more time to spend with my growing family.
About the Business
This longstanding gym of more than 15 years has VERY stable memberships & has been recently revamaped with high quality "powermaxx" equipment & fully fitted with reversable shore 44 EVA matting throuought. The gym is fully set up for Group Fitness Classes, Personal Training Studio & 24/7 access gym. Its a well run & well recognised independant brand you have more than likley already heard of!
Members appreciate a friendly trainer who kills them, which is an oddly satisfying job. An owner/operator will do very well here but feel free to keep the existing team on for some support. The current owner is flexible & more than happy to offer a transition period or stay in the business & contract to you.
Dont be another franchise. Be your own boss, make your own rules & stand out.
History
Over 15 years strong this gym has stood the test of time & built a reputation on quality services the community can trust & is now ready to be passed on. You can maintain this great gym or build on it.
Dont struggle with a start up that costs the same money & no members, meet with the owner today & cut a deal.
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