This Studio is ideal for either the investors or owner – operators. Located in Melbourne's North East in a large catchment area approx 30km from Melbourne CBD.
Over the past 12 months the business has performed well with revenue in excess of $500k.
The business is a nice profitable operation under management with a membership base above 200 and positioned well for future growth. The open 300sqm floor plan ensures enough space to be comfortable for large class sizes.
– Current Lease is secure until 2029.
– Huge territory to draw from.
– Equipment in great condition.
– Great training floor space with extra storage.
With sound management in place and a solid team of casual trainers there is no changes required to the day to day operations.
Being sold for family reasons.
This studio has genuine potential to be a 300+ member studio. Price includes transfer fee.
For further details contact Dustin Slypen Australia's leading fitness industry broker.
Please enquire now to receive further details on this opportunity.
Business Broker: Dustin Slypen
Mobile: +61 425 121 788
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*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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