FREEHOLD "24/7" GYM Business & Fitness Centre Premises

Perth Region, WA
Asking Price $1,095,000
About

FREEHOLD "24/7" GYM & Fitness Centre, independently owner-operated [ not 'franchise' ] & successfully run by the original founder for the past 25+ years.

Please note too that, together with the massive industry growth in the area, the business is trading as well as can be expected [ without current full time hands-on management & direct marketing promotion ] + is only being "re-offered for sale with a massive PRICE adjustment" due to the ill health & family member minding type issues of the vendor - being the Gyms current owner-operator.

OFFERED FOR SALE here & as a long standing & sustaining going concern, are both its attractive & "recently remodeled" FREEHOLD PROPERTY [ at Asking Price from: $900K - as independently professionally assessed ] together with the busy & ever popular longstanding GYM & Fitness Centre BUSINESS [ at Asking Price: $195K ** ] 'that never closes', operating 24 hours a day / 365 days a year, servicing its busy catchment area in Perth's populous 'central-northern' suburbs.

Note - ** = the Vendor has also indicated a preparedness to sell the BUSINESS & its related Gym Equipment Assets seperately from some $195K & on an attractive long term LEASE basis + offer the purchaser the option/ first right to buy the Freehold Property during the term of the lease. [ VENDOR TERMS - to assist the sale will also be considered !! ]

Key points to note -

# Minimal hands-on Administration required by an owner-operator/manager to successfully run the gym/fitness centre. Currently only staffed by its owner-operator some 10 hours per week [ Mon - Thurs from 4pm - 6.30pm ]; with 24/7 on-line joining bookings taken plus memberships & accounts independently processed plus a 6 day Mon 9am- Sat 6.30pm mobile hotline for assistance to members enquiries.

# An extremely well laid out & fully equipped gym [ with Gym Equipment having an estimated replacement value exceeding $300K ] + with all the operational tools + access to personal trainers if required to help members 'achieve & maintain their body as they best choose'.

# A strong & loyal core Membeship base exists [ & which could well be expanded with a more hands on Owner-Operators marketing & training involvement ], yet with abundant opportunities for suatained future growth in this popular area.

# Historically Substantially Profitable too - & has generated the vendor a healthy net on his former income derived from its combined training sessions plus gym business / & property investment.

Full details & financials are available to seriously intending prospective purchasers, who have had the opportunity to inspect the fitness centre & gym and make initial enquiries of the owner. [ Note too - & if required, the retiring owner-operator is prepared to ' work on ' for an extended period to ensure the smooth transition to new operators ].

# A great Commercial Investment PROPERTY, fully fitted out & equipped to be a first class gym & fitness training facility [ improved area of some 350sqm ], is included in the sale - and attractively offered at a market related price [ suggested 'from some $900K' if sold seperately from the Gym's specialist fitout ] - although flexibility exists in the final make up of the selling price between the Business Assets [at $195K] & the Freehold Property values [at $900K].

To register your interest or to arrange an inspection, please contact the exclusive selling broker David Ellis on xxxxx / xxxxx - thank you.

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