Price
$180,000
Profit *
$58,000
Sales Revenue
$242,000
Location
Victoria, Cheltenham
Category
Leisure/Entertainment, Sports Complex/Gym
Listing #
ME03400
An amazing 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, generating strong revenue through multiple income streams including active members, casual visits and three subleased rooms currently occupied by health and fitness professionals.
There is an immediate opportunity to scale operations through targeted marketing, expanded class offerings along with expanding operations hours or the conversion to a 24/7 model!
* Annual revenue at $242,000; net profit $58,000 (24/25 FY)
* Prime corner location with outstanding exposure
* Large 500sqm facility with capacity to expand
* High quality gym equipment
* Secure lease until 20230 with rent of $7,416 per month
* Passive rental income of $7,000 per annum with room to significantly increase
* Large upstairs room available to sublease out for further revenue opportunities
* Minimal owner involvement, currently only 16 hours
* 3 sub-contractor trainers
Contact Raquel today for more information about this outstanding opportunity.
Listing ID: ME03400
Broker: Raquel Calabrese
Phone: 0412 264 411
Email: [email protected]
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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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