Established Gym South East Suburbs | Opportunity to Grow

Price

$180,000

Profit *

$58,000

Sales Revenue

$242,000

Location

Victoria, Cheltenham

Category

Leisure/Entertainment, Sports Complex/Gym

Listing #

ME03400

Cheltenham Sports Complex/Gym Business for Sale
Cheltenham Sports Complex/Gym Business for Sale

About this Business for sale in Victoria, Cheltenham

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]

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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