Price
$210,000
Profit *
$58,000
Sales Revenue
$242,000
Location
Victoria, Cheltenham
Category
Leisure/Entertainment, Sports Complex/Gym
Listing #
ME03400
Don't miss this opportunity to acquire a thriving gym and fitness business with outstanding growth potential in Melbourne's southeast. This well-established operation has built a loyal membership base through its accessible, no lock-in contract model.
The business generates strong revenue through multiple income streams, including approximately 70 active members paying $65 per week, casual visits, and three subleased rooms currently occupied by complementary health and fitness professionals.
The facility is not currently operating at full capacity. There is an immediate opportunity to scale operations through targeted marketing, expanded class offerings, or conversion to a 24/7 model!
*Annual revenue at $242,000; net profit $58,000 (24/25 FY)
*Large 500 sqm facility with expansion capacity
*Quality gym equipment valued at $50,000
*Secure lease until 2030 with competitive rent of $7,416 per month
*Passive rental income at $7,000 per annum; additional large upstairs room available for further sublease opportunities
*Minimal owner involvement required; 16 hours per week combined
*3 subcontractor trainers
*Prime corner location within a main road and industrial precinct
Contact Raquel today to learn more!
Listing ID: ME03400
Broker: Raquel Calabrese
Phone: 0412 264 411
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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