SOLD

F45 Fitness Studio Franchise - Upper Mt Gravatt, QLD

Upper Mount Gravatt QLD
F45 Fitness Studio Franchise - Upper Mt Gravatt, QLD

Last asking price $75,000

Sold September 2023

Recreation, Franchise

Business ID: BS153465

TURNOVER: $239K YTD - VENDOR FINANCE OPTION FOR APPROVED PURCHASER

One of the first sites that F45 opened in Queensland, this successful Fitness Studio has substantially increased turnover (from $187k in 2022) and offers a prime location.

Whilst the business model focuses on morning and late afternoon sessions, the owners have generated extra income by introducing clever initiatives – such as signing up corporations like Bunnings for exclusive staff lunchtime sessions.

They also have schools bringing their students to classes - to help them achieve certification of level 3 training – whilst boosting revenue.

   -  Group classes with a focus on Functional Training - mix of circuit and HIIT style workouts – 45-minute classes



   -  One of the fastest growing franchise businesses in the world - Upper Mt Gravatt Studio opened in 2016



   -  Very stable business - Loyal core of members - Some for more than 2 years



   -  Clients range from 18 to 80 years – Community-based environment - Includes social events outside normal business hours



   -  Each class includes an Instructor plus TV monitors that provide guided steps for each exercise  



   -  Mainly marketed through social media and member referrals – Plus brand awareness marketing by F45 - Strong recognition brand



   -  Great location in shopping strip - Corner of Mt Gravatt-Capalaba Rd and Freda St - Very high level of passing traffic



   -  Less than 500 m from Westfield Garden City - one of the busiest shopping centres in Brisbane



   -  Assets valued at $130k - A lot of equipment refreshed or updated over the last 2 years



   -  Potential to grow membership numbers and open outside of normal trading hours



Price: $75,000 Negotiable

Property Code: 3413
        

Recreation for sale in Queensland

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