Price
$400,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Brisbane Region, Brisbane City
Category
Leisure/Entertainment, Sports Complex/Gym
Listing #
BR01063
If you are looking for an opportunity to enter the fitness industry and relocate to the Gold Coast then this needs to be seriously considered.
This pair of 24/7 franchise gyms are well established and in ideal locations. While they are ticking along in cruise mode they do offer significant growth potential under new ownership.
Over recent years the owners have scaled back their day to day involvement in the clubs and they could be operated under full management or a great opportunity for a hands-on owner to get involved and drive the growth of the clubs leading into summer and 2021.
– Approx 1100 active members across the 2 clubs
– Excellent staff in place
– Secure leases in ideal locations, both with plenty of free car parking
– No equipment finance to take over
– Weekly Direct Debit Cashflow from Day 1
With new clubs costing in excess of $600,000 (each) to establish from scratch plus all the marketing expenses and time it takes to build the membership base, this really does present an exceptional opportunity!
These 2 clubs can be sold individually or as a package.
Call 0425 121 788 to find out more from Dustin Slypen- QLD's Leading Fitness Industry Broker & 2020 REIQ Broker of the Year.
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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