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Gym - Fitness Centre - Franchise - South West Sydney - (Code: GN1251)

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Price: $1,100,000

Weekly Takings (inc GST) $12,626
Cost of Goods $100
Gross Profit $12,526
Rent $2,401
Wages $961
Outgoings $
Telephone $55
Insurance $95
Electricity $427
Gas $
Misc 1 $198
Misc 2 $571
Total Expenses $4,708
Net Profit $7,818
Coffee Kilos P/W 0.0

Estimated Stock



All other values
exclude GST
General Description
Gym - fitness centre which is part of a major franchise chain with over 180 gyms across Australia and opens 24/7. - Recently named Australia's No.1 Franchise and BRW No. 8 fastest growing business in Australia. - The gym has 1200 consistently active members plus income from personal trainers.

To increase membership and personal trainers.

Well established, but still has strong growth potential.

Well presented gym with an area of 380 sq. mts. - An additional 150 sq.mts. is available for lease next door.

Situated in the heart of major suburban shopping centre in Sydney's South West.

Trading Hours

Current lease expires 31st October, 2018 + a further 5 year option. - 3 months bank guarantee - annual increases.

One Manager + 4 casuals.

The sale price includes all equipment which does not need replacing as it is still in excellent condition - Rent includes all outgoings.- The successful purchaser will be provided with high level of initial and ongoing training and support. - Any potential buyer would need to be approved by the Franchisor. - Miscell. 1 is for weekly Franchise fee.- Nett profit includes $960 a week that the owner receives from personal training and is available to any new buyer. - Industry experience is not required. - There is a one off payment to the Franchisor of $7,500 for transfer training.- Inspections by appointment only. - not available between the hours of 4.00 p.m - 7.00 p.m daily. - The gym has 1200 members, recent sale of same franchise gym with 600 active members sold for $800k.

SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.


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