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Two Fitness Studios - One Incredible Opportunity

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Price $360,000 + SAV
Profit *

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Sales Revenue

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Location Port Philip, South Melbourne
Category Leisure/Entertainment, Sports Complex/Gym
Listing # NSW11769
Theo Pettaras Headshot

Theo Pettaras

Business Broker

NSW

+61 298 991 999

61 405 102 102

[email protected]

Raquel Calabrese Headshot

Raquel Calabrese

Business Broker

Melbourne

+61 3 9819 4211

+61 412 264 411

[email protected]

South Melbourne Sports Complex/Gym Business for Sale
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South Melbourne Sports Complex/Gym Business for Sale
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About this Business for sale in South Melbourne

Massive Price Drop $360,000! Own Two Fitness Studios.

About this Business for sale in Melbourne
Premium and well-established Cycle and Boxing studios, buy for far less than the cost of one new site!
Franchise Group
: Boutique Fitness Studios Australia
Franchise Transfer Fees: Waived – Save over $40,000

The Opportunity
Rumble Boxing South Melbourne 
and CycleBar Fitzroy, two of Australia’s most dynamic boutique fitness studios, are now available to purchase together in a combined sale package – delivering exceptional value and immediate scale for the right buyer.
With two separate, highly motivated vendors and a single franchise group, this dual-studio deal presents a rare opportunity to own two fully operational, high-performing fitness studios – for less than the cost of building one from scratch. A further $20,000 price reduction makes this one of the most attractive fitness investments on the market.

Studio 1: Rumble Boxing South Melbourne Business Highlights

  • Established & Profitable: Monthly revenue exceeding $37,000+ and projected to hit over $40,000+
  • Premium Fit-Out: Over $720,000 invested in design, equipment, and studio infrastructure
  • Loyal & Growing Membership – With 250+ active members
  • Favourable Lease: Long lease secured until 2032 with excellent terms
  • No Franchise Transfer Fees – cost-effective entry into a high-growth brand
  • High Google Rating: 4.9 star average from satisfied members
  • Prime Inner-City Location: Corner position on a main road in South Melbourne, close to tram lines, cafés, and high-density residential and office developments
  • Fully Systemised: Backed by national franchisor support with ongoing marketing, training, and operational tools

Studio 2: CycleBar Fitzroy

  • Save all the setup hassles and costs on a new site.
  • Monthly revenue exceeding $45,000
  • Proven Profitability – As an owner operator with a passion for fitness great opportunity for growth in membership and profit
  • Loyal & Growing Membership – With 300+ active members, plus 150+ class pass casual riders
  • Prime Location – High foot traffic, easily accessible via multiple tram and bus routes
  • State-of-the-Art Facilities – Fully equipped with premium amenities and performance-tracking technology (everything included and paid out)
  • Outstanding Reputation – Flawless Google ratings & a 4.9/5 ClassPass score
  • Strong Lease Terms – 8 years remaining, ensuring long-term stability
  • Skilled Team in Place – Fully trained instructors and front-of-house staff
  • Franchise of the year 2024
  • Largest CycleBar outside of the USA
  • Perfect for an owner-operator fitness enthusiast

Why Buy Both?

  • Two gyms for less than the price of one new build
  • No greenfield risk – revenue from Day 1
  • Combined membership base of 550+ and growing
  • Franchise transfer fees waived – a rare $40,000+ saving
  • Premium-grade fit-outs – no additional capex required
  • Part of a fast-growing national franchise group with centralised support, systems, and marketing
  • Ideal for multi-site operators, savvy investors, or fitness professionals ready to scale

Who Should Enquire?

✔ Fitness entrepreneurs seeking growth without the build cost
✔ Passive investors looking for established returns
✔ Owner-operators ready to step into a supportive franchise model
✔ Hospitality or retail owners seeking portfolio diversification

Act Fast – Highly Motivated Vendors

With a combined price reduction and significant savings on transfer fees and fit-out costs, this is a truly unique opportunity. Interest is strong and growing.

Contact us today to receive full details and arrange a private inspection.

Listing ID: NSW11769

Broker: Theo Pettaras
+61 2 9899 1999 | +61 405 102 102
[email protected]

Broker: Raquel Calabrese
+61 412 264 411
[email protected]

Note: Some details are confidential and will be provided upon signing a Confidentiality Agreement at the discretion of the vendor. Stock images may be used for illustrative purposes.

Keywords: Fitness Franchise | Gym for Sale | Health Club | CycleBar | Rumble Boxing | South Melbourne Gym | Fitzroy Fitness | Recurring Income | Semi-Managed Business | Investment Opportunity | Boutique Gym

Ref: NSW11769

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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.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Theo Pettaras Headshot

Theo Pettaras

Business Broker

NSW

+61 298 991 999

61 405 102 102

[email protected]

Raquel Calabrese Headshot

Raquel Calabrese

Business Broker

Melbourne

+61 3 9819 4211

+61 412 264 411

[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*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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