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24/7 Health & Fitness Centre - Melbourne For Sale

Victoria, Australia
Asking Price:
$500,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$100K - $250K (AUD)

Are you looking to own an established Health & Fitness Centre that has great results?
 
Well look no further as this is your chance to own your own Lifestyle Centre combining Health, Fitness and more!
 
Located in a booming Eastern suburb of Melbourne, this modern specialist facility spans over 1700 sqm and is comprised of a large fully equipped facility with functional training zone and a great variety of group fitness classes.
 
 Now trading 24/7 it offers a complete range of services and facilities including;
 
·  Extensive Weights Range & over 50 pieces of Cardio equipment
 
·  Over 40 Group Exercise Classes run over 7 days including Boxing, Body Pump, RPM, Yoga and more..
 
·   Kids Creche
 
Priced to sell at $500,000 including all equipment.
 
For further information contact

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires December 2017 with a further term of 5 years.

Location:

The business is ideally located near heavily populated residential, and commercial precincts.

Premises Details:

The club has an area of approximately 1,700m2 with on site parking.

The fit-out includes carpeting throughout, rubber flooring, electrical work, separate office, sound systems and signage and sauna.

Generally an open plan centre there are various areas for training consisting of circa 50 pieces of Cardio, Resistance, Weights, shared men’s and women’s Sauna and change rooms with state of the art locker system that provides access from membership tags.

On site there is also a creche and separate enclosed room/offices, which can be used to obtain an extra income stream by renting the space to masseurs, physiotherapist or dietician nutrition consultants.

Business Operation

Expansion Potential:

Potential for growth under focused new owner.

Reasons for selling:

The vendor has identified demographic and geographic aspects that is out of sync with their other current health clubs and wishes to focus on their primary business locations.

Trading hours:

24/7 Operation

Years established:
4 years

Other Information

Support & training:

The Vendor is available for a suitable training / handover period of 2-4 weeks

Relocatable:
This business can be relocated.

Contact Information

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