"24/7" GYM & Fitness Centre Business, 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 & without direct marketing promotion, which is certainly required ] + 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 its attractive & "recently remodeled" 24/7 GYM BUSINESS [ at a W.I.W.O. Asking Price of $99,500 ] - & at fair market rental terms as independently professionally assessed ] together with the busy & ever popular longstanding GYM & Fitness Centre BUSINESS 'that never closes', operating 24 hours a day / 365 days a year, servicing its busy catchment area in Perth's populous 'central-northern' suburbs.
The Vendor has also indicated his now preference to sell the BUSINESS only & so including all its related Gym Equipment Assets, for some $99,500 & on attractive & flexable Lease terms (up to 5 years plus options) + to offer the purchaser the option/first right of refusal to buy its Freehold Property during the term of the lease, should he consider selling its freehold. [ VENDOR TERMS - to assist the sale of the Business 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 FIRST HAD the opportunity to inspect the fitness centre & gym and both meet & make initial enquiries of the Business/Freehold 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 ].
To register your interest or to arrange an inspection, please contact the exclusive selling broker David Ellis on xxxxx / xxxxx - thank you.
