24/7 Franchise Gym | 550 Members | Strong Membership Growth
An opportunity to acquire an established 24/7 franchise gym in Melbourne's northern suburbs, combining a growing membership base, recurring subscription revenue and a modern facility.
Established approximately three years ago, the gym has grown from 320 members in September 2023 to approximately 550 currently-an increase of around 72%. The supplied financial figures also show improving quarterly revenue and earnings, with the owner reporting current monthly revenue of approximately $30,000 including GST.
All equipment is fully paid for, and the owner advises that no upgrades are currently required. A long lease provides approximately eight years remaining, plus two further five-year options.
The business may suit a fitness professional, hands-on owner-operator or existing gym operator looking to expand. Further growth opportunities include targeted local marketing, community partnerships, member referrals and retention initiatives.
Key highlights:
- Approximately 550 members, with membership growth of around 72% since September 2023.
- Current monthly revenue of approximately $30,000 including GST, as reported by the owner.
- Modern facility established approximately three years ago.
- Fully paid equipment, with no upgrades currently required according to the owner.
- Approximately eight years remaining on the lease, plus two fiveyear options.
- Established 24/7 franchise model with recurring membership revenue.
Asking price: $400,000.
Detailed financial information is available upon signing a confidentiality agreement.
Disclaimer
DealFlow Business Advisory and its representatives, for themselves and on behalf of the vendor, advise that all information provided is for general guidance only.
Whilst every care has been taken, no representation or warranty is made as to the accuracy, completeness, or reliability of the information.
Prospective purchasers must rely on their own enquiries, investigations, and independent professional advice.
DealFlow Business Advisory and the vendor accept no liability for any loss or damage arising from reliance on this information.
Images used are for illustrative purposes only and may not represent the business precisely.
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