Passive Investment Opportunity.
This is a great opportunity for either investors or owner-operators looking for an independent facility. It operates under full management with a very experienced and well trained team in place.
The business has been established for over 10 years and in the process has developed a very strong local reputation as the most popular fitness centre in town.
Over the past 3 years the business has consistently hovered between 950 – 1050 active members. It is a really solid performer.
Located in the greater Brisbane region approx 40 mins drive from the Brisbane CBD within in a busy commercial complex and in the heart of a thriving community.
The gym itself has approx 600SQM open floor plan with loads of quality equipment, group training room, creche area, office & bathrooms.
– Excellent location in a suburb experiencing some exciting growth
– Very solid foundations
– Secure lease until 2028 plus 2 x 5 year options.
– Plenty of car parking and high exposure site
– Approx 1000 members and majority of income is direct debit
– Loads of potential to offer a wider range of services – sublease to PT's EP's etc.
– Non Franchise means you make the rule.
– Very experienced management team in place
The owner has other business commitments and after 10 years of ownership feels the time is right for a more engaged owner with fresh ideas to takeover and lead the club into its next growth phase.
For further details contact Dustin Slypen from LINK Business Brokers – QLD's leading specialist fitness industry broker.
Please enquire now and complete an online confidentiality agreement at linkbusiness.com.au/BR01185
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.