“24/7” Gym and Fitness Centre Business – independent (Non-Franchise) in central/northern Perth suburbs

Details

“BUILD YOUR OWN BRAND” for $99.5K W.I.W.O.

PRIVATELY owned “24/7” Gym and Fitness Centre, independently owner-operated [ not ‘franchise’ ] and still being 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 hands-on management] + is only being “re-offered for sale with a massive PRICE adjustment” due to the ill health of the vendor, being the Gyms owner-operator.

OFFERED FOR SALE here as a potentially vibrant going concern, is the GYM Business -being the extensive Gym Equipment only for $99.5M [ with no Goodwill being asked for in the sale price !! ] and so the ever popular longstanding Gym and Fitness Centre Business ‘that never closes’, operating 24 hours a day / 365 days a year, servicing its busy catchment area in Perth’s central – northern suburbs.

NOTE: In now selling the Business only, with a fair market related Lease for up to 5 years [ plus further options, to be negotiated ] – a BONUS being offered to the Lessee during the term of the lease, is a ” First Right of Refusal ” to also buy the Freehold, should the owner wish to Sell the Property !!
[ Noting too – VENDOR FINANCE assistance to facilitate the Business sale if required, also a possibility ]

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 the owner some 10 hours per week [ Mon – Thurs from 4pm – 6.30pm ]; with on-line joining bookings taken plus memberships and accounts independently processed plus a 6 day Mon 9am – Sat 6.30pm mobile hotline for assistance to members enquiries.

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

A still strong and loyal core Membership base exists [ and which could and should be expanded with a more hands on Owner-Operators marketing and training involvement], yet with abundant further opportunities for sustained future growth in this popular area.

Historically substantially Profitable too – and, we’re advised, has generated the owner-operator vendor a healthy net on his former income derived from the combined training sessions plus gym business.

Full details and 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 – and if required, the retiring owner-operator is prepared to work on for an extended period to ensure the smooth transition to new operators ].

The premises are fully fitted out and equipped to be a first class gym and fitness training facility [ with a strata area of approx. 354 sqm ]’

To register your interest or to arrange an inspection, please contact the exclusive agency selling broker David Ellis on 0438 800 724 / david@elliscorp.com.au