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Gym - Fitness Centre - Eastern Suburbs - (Code: GN1291)

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Price: $1,200,000






Weekly Takings (inc GST) $12,109
Cost of Goods $44
Gross Profit $12,065
Rent $1,392
Wages $1,926
Outgoings $
Telephone $19
Insurance $44
Electricity $94
Gas $
Misc 1 $347
Misc 2 $506
Total Expenses $4,328
Net Profit $7,737
Coffee Kilos P/W 0.0

Estimated Stock

$
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Fitness centre - gym offering a 45 minute high-intensity, circuit training workout class for studio members. - There are 27 different 45 minute workouts, with more currently in development. - The studio offers the same class at different times throughout the day. -Every day throughout the week there is a different 45 minute workout. - The workouts are created by the Athletics and Peak Performance Department from a database of over 3,000 different exercises, so the members never get the same workout twice.

Potential
Opportunity for a new owner or owners to take advantage of soring membership numbers - This gym is growing rapidly and provides an excellent return and a great opportunity. -

Features
Great location with massive population growth - Currently there are 265 active members.

Premises
This business has an area of 160m2 with 2 change rooms with showers.

Location
Situated on main arterial road on prime street front location in busy Eastern Suburbs.

Trading Hours
6 days - Mon. - Fri. - 5.00 a.m. - 8.00 p.m.- Sat. - 7.00 a.m. - 10.00 a.m. - Open for 1 hour every second Sunday.

Lease
5 year lease commenced 16th Sept, 2015 + 5 year option. - Bank guarantee - Annual C.P.I. increases.

Employees
One Manager + 4 contractors

Comments
One of the fastest growing fitness studios in Australia and throughout the world with 250 currently open all over the country. - Misc. - 1 - weekly Franchisee fee. - Misc, - 2 - general business costs.- Managers wage $1,392 per week ( includes super )


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

SBXGN1291

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