Price
$508,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
South Western Victoria, Warrnambool & Port Fairy
Category
Leisure/Entertainment, Sports Complex/Gym
Listing #
BR01403
Excellent Passive Investment Franchise Gym Regional Victoria
Superb opportunity to acquire a very solid performing franchise gym in regional Victoria.
The business operates under full management and has an outstanding local reputation as the best gym in town.
The most appealing factor with this successful franchise is the extremely cheap rent: Approx $36,000 + GST per annum for 415sqm of floor space.
The business is a nice profitable operation and the equipment was recently upgraded so there is nothing further required for a number of years.
– 560+ members with majority on direct debit arrangements = great cashlow
– Strong management in place
– Excellent range of quality equipment with no leases take over
– Long secure lease with extremely cheap rent
– Group training room
– Located in heart of a buzzing regional town
This will suit either investors or hands-on operators looking to immerse themselves into a regional community. The business has averaged a profit of approximately $14,000 per month over the past 6 months and on track to continue these solid numbers.
Price Includes Franchise Fee.
For further information please contact Dustin Slypen – Australia's Leading Fitness Industry Specialist
Business Broker: Dustin Slypen
Ref: BR01403
Mobile: +61 425 121 788
Email: [email protected]
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
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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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