Cracking Opportunity. Owner committed elsewhere and needs this profitable business sold.
This studio is ideally located 6km from the CBD.
With excellent systems and well trained staff in place the business will suit either investors or hands-on operators looking to immerse themselves into the F45 community.
The business has been a solid performer for the past couple of years and is currently hovering around 150 members with genuine potential to be back at 200+ when the warm weather returns.
– Under Full Management with very passive owner
– Cheap Rent less than $52,000 p/a + GST AND Opportunity to Sublease Mezzanine Floor at approx $12,000 p/a
– Solid membership and genuine potential to be a 250+ member studio
– Excellent territory in affluent suburb
– All equipment owned outright
The business had an adjusted net profit of $117,000 for the 2022 financial year. Being sold at a very attractive ROI for either investors or owner-operators. The studio has also recently completed its compliance requirements for the sale.
For further details contact Dustin Slypen – QLD's Leading Fitness Industry Broker.
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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