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Very modern, attractive and high quality 24/7 fitness centre gym for sale on the Gold Coast. The business presents extremely well and offers a range of new and near new equipment from state of the art brands Technogym and Hammer Strength. The modern, high quality fitout is 20 months old. You could not set up this business for the purchase price!
About the Business
The gym has been trading since January 2005 at the same shopping centre. During its twelve year trading history the business has become very well know in the market and is an icon to locals. There are currently 340 members with over 85% on direct debit. The fitness equipment and fitout are paid for and unencumbered.
Located at Airport Central in a high traffic position near Gold Coast Airport and offering plenty of parks and easy access. The council approved site measures 295 square meters and includes three shower/toilet cubicles.
Five year averages:
ROI over 32.1%
Profit Margin 40.5%
Members have full access to the gym 24/7 - 365 days a year. Staffed hours are Monday to Saturday 9.30am - 1.30am and Monday to Thursday 2.30pm - 6.30pm. The gym is unstaffed Sunday’s and public holidays.
The purchase includes all intellectual property, ie. logos, branding, marketing and membership databases, website, soft & hard copy marketing etc.
Six years left on current lease with option to renew. The lease rent represents fair value in the market and includes a Non Competition Clause for the shopping centre.
There are currently two allied professionals paying rent to the gym including one Personal Trainer and one Physiotherapist. A consulting room within the gym is leased out two days per week and could be leased full time to a massage therapist or similar.
The current owner has moved out of the area and on to other interests. Whilst very profitable, this business offers the new owners excellent growth potential by introducing group fitness classes, group training and PT services.
Full training and transition support offered to the new owner. Ideal for a husband and wife team or savvy personal trainer who wants to make serious income. Currently an independent 24/7 fitness centre, this business would also suit a national franchise looking for a well established and extremely high profile site.
Price: $259,000 plus GST plus Cash.
Shown are actual photos of the business.
Further information available upon request, please contact seller below for more details.
High exposure, prime location near Gold Coast Airport
There is opportunity to expand the business to over 600 square meters.
Full transition support provided to new owners.
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