GREAT OPPORTUNITY -Functional Strength Training Club For Sale
This business is being sold in conjunction with Fitness Business Sales Pty Ltd
This well known Functional Strength Training club has been operating over the past 3 years and is a one minute drive from the City Centre. Surrounded by residential and commercial properties, this vibrant club has enormous amount of potential especially for a local enthusiastic resident wanting to take that first step into their own club at a low entry investment.
The current owner has worked within the franchise brand over 3 years and currently has several sites under their management. The site is a turnkey investment with only minimal work to be done to continue the growth of the clubs member base and community. Full Franchise support from the Support Office team, which makes this opportunity great for someone starting out or growing their own portfolio.
To consider:
- Perfect opportunity for both the fitness professional or investor
- All Equipment included- no lease attached
- Huge potential for growth and expansion
- One minute walk from city centre
- Genuine reason for sale – Owner relocation
Lease
New 5x5 year lease commenced in June 2020. – Expiry 2030 – A 3 Month bond is required
Staff
3 Staff in total. Current Club Owner fulfils the Manager Position
Trading Hours
32 Classes a week Mon – Saturday
Premises
360 square metres. – Including Staff Rooms and Parking Area
Opportunity
This club has endless potential to grow and is ideal for a local resident to take the member base to its potential and reap some high financial returns.
The community feel in this club is second to none, people feel like it is their second home and training together as one. With the support of the franchisor and the systems provided, all the new owner needs to focus on is the community feel and buzz and growing the member base to make this club what the locals want. The best part of this opportunity is that the price is 30% less than buying a new franchise with zero members! Great Opportunity not to be missed!
Price Suffix abbreviations
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
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