Business For Sale

Gym and Fitness Training Business For Sale Kew - Kew

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Property ID : B12995

Business For Sale Price on Application - Fitness
$208,000 pa Turnover$58,000 pa Rent5x5x5Business Broker – Chris Panagiotidis Print

This Gym and Fitness training centre offers its members a holistic approach to health and fitness. Offers personal training and group training classes.

Excellent location in Kew, one of Melbourne’s most affluent areas. Within 100 metres from Kew Junction. Plenty of available parking for members. The premises are free of neighbouring or landlord complaints.

Over the past 3 years, this gym has seen steady growth of both total revenue and established membership base.

Selling assets of this business include:
– year on year increase in net revenue
– 100% ownership of all gym equipment
– Established membership base of approximately 70 members
Growth in its established coaching team
An established schools program with regular class excursions from local schools

Takings of $208,000 per annum, with rent of approximately $58,500 per year for large premises and secure lease terms of 5x5x5.

There is added potential to increase revenue by hiring out the venue for private functions such as parties, wellness events, workshops or training qualifications.

Added bonus of having an upstairs area of the gym subleased to a health and wellness clinic, who also provides a stream of potential new memberships.

Well worth inspecting this business.

For more information and to arrange an inspection please contact Chris Panagiotidis or Elle Likopoulos on 9566 7300 or via email on elle@absolutebb.com.au

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Agent Business Broker – Chris Panagiotidis

business broker
  • Office : 9566-7300
  • Mobile : 0433-582-533
  • Fax : 9561-4400

Member of REIV, IBBA, M&A Source Chris Panagiotidis has had an impressive track…
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