Gym for Sale – 12 Round Fitness Newtown

Price: $149,000 Location: Inner West, NSW Ref: 4980355
Agent:
Eddie Spurr
Agent Phone:
Office Phone:
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Business Headline :
Gym for Sale – 12 Round Fitness Newtown
Price :
$149,000
Category :
Leisure/Entertainment, Beauty/Health, Sports Complex/Gym, Recreation/Sport
Full Description :

Excellent studio in prime position with upward revenue trajectory.

12 Round Fitness is Australia’s #1 fastest growing Fitness & Boxing franchise. The model is a proven success with a strong community of owners and members. The franchise has developed systems that ensure your success as an owner.

Currently operating under semi management, this business will catapult for the energetic and passionate new owner operator.

Superb business overall, priced to sell and will not last long!

Key features:

  • Prime inner suburb location with great exposure to foot traffic and easy access for cars to park on the main road or side streets.
  • Solid membership base of 115 and growing. Immediate goal is 150 members.
  • Modern clean and functional space covering 200m2.
  • New equipment and fit out including shower amenities.
  • 2 x large storage cages in underground car-park (64 sqm).
  • Excellent 3 yr by 3 yr lease with modest rent.
  • Low cost base / high margin business
  • Part of an established brand that is rapidly growing across Australia.
  • Enormous potential for genuine growth and value add opportunities.
  • Fully systemised with all records to verify current member sales.
  • Fantastic opportunity for investor or owner operator – full training and support from current owner and franchisor.
  • Includes 2 car spots for the owner.
  • Genuine reason for sale (owner has multiple other business ventures).
  • Currently opened 5.5 days per week – 6am to 10am plus 4pm to 7pm (Saturday hours currently 7am to 10:30am).

Potential:

  • Potential to build on brand’s existing reputation and capture the abundance of nearby occupants of businesses and residential developments.
  • Automaticaly reduce labour costs / increase profit return if owner operated.
  • The functional space could easily support increased merchandise, food or smoothie / protein shake sales.
  • Increase daily trading hours to capture more trade.
  • Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4980355#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4980355#enquire-now

Annual Rent : $67,000 - Weekly Rent : $1,288

Annual Turnover : $260,000 - Weekly Turnover : $5,000

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $90,000 - Weekly Ebit : $1,731

Premise : Leased

Lease Commencement : Jan 2019

Lease End : Jan 2022

Lease Option: 3 years

Total Land Area : 200 Square Metres

Total Floor Area : 200 Square Metres

Total No of Parking : 2

Franchise : Franchise Resale

Franchise Royalties : $4

Approximate Stock Value : $1,000

Year Purchased : 2019

Year Established : 2015

Days Trading : 6

Staff : 1 Full Time - 1 Part Time

Staff Salaries : $69,800

Reason for Sale : Other business ventures

Location : Inner Sydney

Business Potential : Potential to build on brand’s existing reputation and capture the abundance of nearby occupants of businesses and residential developments. * Automaticaly reduce labour costs / increase profit return if owner operated. * The functional space could easily support increased merchandise, food or smoothie / protein shake sales. * Increase daily trading hours to capture more trade. * Opportunity for savvy marketer to ramp up promotions to increase trade e.g. local advertising, brochure drops, loyalty incentives for office staff working nearby & work with the local community.

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