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Sports Complex & Gym business for sale in Melbourne

  • Sports Complex & Gym
  • Melbourne VIC 3000
  • Price On Application

Gym / Fitness Centre Business for Sale Bayside

Summary
On offer is a ladies only health club/gym/fitness centre. Established 15 years ago in an affluent Bayside suburb with a large membership base. The gym currently operates via keycard access 7 days per week from 6.00am-9.30pm, with low staffed hours of 19 per week.

Revenue
$8,500 Per Month.
The current owner is only working 19 hours per week with no staff to generate this revenue. Making this business a very profitable, easy to run venture for someone wanting a great work life balance.

Rent
$2,704 Per Month

Location Details
Located in an affluent Bayside suburb. Plenty of street parking in front of the gym and there is easy access to a three hour parking lot. The gym is surrounded by high quality cafes and neighbouring businesses.

Potential
New owners will have the ability to extend operating hours to 24/7, given a commercial access control system is already installed. This business is the only remaining Ladies only Health Club in the area, ensuring a large niche market of customers. Given the current success of the business with low staffed hours, the new owner could elect to extend staffed hours and services to utilize the lack of competition in the surrounding area and grow the business.

Hours
Open 7 Days: 6am - 9:30pm via keycard access.

Lease
Lease of 3x3x3 commenced July 2018

Employees
Owner

Reason for Sale
Owner wishes to relocate.

About the Business
The club is fitted with commercial Life fitness / Precor cardio equipment, strength training machines and a variety of functional equipment. This is a secure and well equipped gym located in a busy shopping strip. Offering customers a mix of classes and all day key card access to complete personal workouts.

Key Features of the business:
Only 19 working hours per week to run the business.
All equipment is commercial grade owned outright and includes cardio machines, pin loaded weight training machines and various functional equipment such as dumbbells, kettlebells, slam balls, battle ropes and medicine balls
Ability to extend operating hours to 24/7 via installed commercial key card system
Plenty of street parking in front of the gym and easy access to three hour parking lot
Loyal membership base
24 hour surveillance system and duress system installed
Customers can use the facility at leisure during unstaffed hours via key card access or attend staffed group training classes
Average income per month is approximately $8,500.
The Current owner has negotiated significant rent reduction for six months following reopening after restrictions are lifted.
Seven years remaining on lease
Business has social media presence and website with online membership application and payment
Centre has been reorganised to comply with Victorian Government social distancing guidelines. Signage and sanitising stations have been installed.
This turnkey operation is perfect for a personal trainer or fitness guru looking for a business that offers amazing work life balance and income. Call today for more information.

For more information about this amazing opportunity, contact Chris Panagiotidis on 0433 582 533 or Elle Likopoulos on 03 9566 7300

Business Highlights

Business ID2016448095
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Annual returnAsk Business Broker
Category
Last updated  20 Aug 2020
Map for Melbourne VIC 3000
Map for Melbourne VIC 3000Melbourne VIC 3000
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