North Coast NSW
NSW
$220,000
Indoor Swimming School - Sport - Health - FitnessPrice: $70,000Net Profit: $1,550 |
Visit this listing at https://www.sbx.com.au/business?id=F3350 |
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Business Code: F3350 Key Features: Indoor Swimming School - Lower Nth Shore Sydney Nett $1550 p.w Full financials. State: NSW Location: Situated less than 10km from Sydney CBD on Lower North Shore easily accessible by public transport or car. DescriptionSport - Health - Indoor swimming school (Adult Specialist) for students 18-80 years.Individual tuition in completely private pools 9 (both different locations ) which is the key point of difference compared to other swim schools. - Client database of 900 students. - Primary pool is hydrotherapy: 15m x 2m x 1.3m deep. -Secondary pool is hydrotherapy: 10m x 5m wide x 1m-1.6m deep.Client bookings are paid for in advance.Vendor now recently increased hourly rate to $200 per hour or $100 per half hour. Summary
Weekly SummaryWeekly Takings (inc GST)$2,350Cost of Goods$50Gross Profit$2,300Rent$350Telephone$10Insurance$18Electricity$40Gas$54Misc1$68Misc2$220Total Expenses$750Estimated Stock (Additional)$500Net Profit$1,550Price$70,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Indoor Swimming School - Sport - Health - Fitness
Business Code: F3350
Price: $70,000
+ Estimated SAV $500
Key Features: Indoor Swimming School - Lower Nth Shore Sydney Nett $1550 p.w Full financials.
State: NSW
Location: Situated less than 10km from Sydney CBD on Lower North Shore easily accessible by public transport or car.
Description
Sport - Health - Indoor swimming school (Adult Specialist) for students 18-80 years.Individual tuition in completely private pools 9 (both different locations ) which is the key point of difference compared to other swim schools. - Client database of 900 students. - Primary pool is hydrotherapy: 15m x 2m x 1.3m deep. -Secondary pool is hydrotherapy: 10m x 5m wide x 1m-1.6m deep.Client bookings are paid for in advance.Vendor now recently increased hourly rate to $200 per hour or $100 per half hour.
Summary
- Features: Business won both state and national swim school industry awards in 2018. - Established 2013 with great website and branding. - Appears in top 3 of first page of Google search. - No competition - Last 3 years tax returns available. - Work own hours.
- Potential: To expand or transition to private babies and/or children's classes.
- Premises: Both pools are hydrotherapy, with dedicated bathrooms/change rooms. Both installed with the state-of-the-art Ozone Purification System.
- Trading Hours: 7 days a week with hours to suit .
- Lease: New leases available for both pools.
- Employees: One owner full time with fully flexible hours. Nil staff.
- Sale Reason: Regretfully selling due to change of health conditions of vendor
- Comments: Lessons are run in 30 or 45 min blocks charged at $200 per hour. - The owner does up to 11 lessons daily during summer and 4 - 5 lessons daily during winter. - Misc.- 2 - includes approximate weekly rental of secondary pool of $110 p.w - Total weekly rent for both pools is $460.00 p.w .
Total weekly rent is $850 per week for the 3 bedroom residence ( no gst )with 3 bathrooms and indoor heated hydrotherapy lap pool. - You must rent both the residence (and live in the residence ) and the primary pool as they are on the same property -
Fantastic ground floor opportunity to have own swimming school with flexible hours to suit. - 2019 income is for a 42 week period only as the vendor was overseas for 10 weeks. -
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$2,350
Cost of Goods
$50
Gross Profit
$2,300
Rent (ex GST)
$350
Telephone
$10
Insurance
$18
Electricity
$40
Gas
$54
Misc1
$68
Misc2
$220
Total Expenses
$750
Estimated Stock (Additional)
$500
Net Profit
$1,550
Price
$70,000
+ Estimated SAV $500
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
