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      Sports Complex & Gym business for sale in Kew

      • Sports Complex & Gym
      • Kew VIC 3101
      • $100,000

      Under Offer - Gym and Fitness Training Business For Sale Kew

      This Gym and Fitness training centre offers its members a holistic approach to health and fitness. Offers personal training and group training classes.

      Excellent location in Kew, one of Melbourne’s most affluent areas. Within 100 metres from Kew Junction. Plenty of available parking for members. The premises are free of neighbouring or landlord complaints.

      Over the past 3 years, this gym has seen steady growth of both total revenue and established membership base.

      Selling assets of this business include:
      - year on year increase in net revenue
      - 100% ownership of all gym equipment
      - Established membership base of approximately 70 members
      - Growth in its established coaching team
      - An established schools program with regular class excursions from local schools

      Takings of $208,000 per annum, with rent of approximately $58,500 per year for large premises and secure lease terms of 5x5x5.

      There is added potential to increase revenue by hiring out the venue for private functions such as parties, wellness events, workshops or training qualifications.

      Added bonus of having an upstairs area of the gym subleased to a health and wellness clinic, who also provides a stream of potential new memberships.

      Well worth inspecting this business.

      For more information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos on 9566 7300.

      Business Highlights

      Business ID

      2014064942

      Last updated

      11 Dec 2017

      Category

      Sports Complex & Gym, Beauty, Health & Fitness

      Map for Kew VIC 3101

      Unit 7 / 18-22 Lexia Place Mulgrave VIC 3170

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