Boutique Fitness studio fit out for sale. Less than 5 years usage and closed for over a year during covid. Would suit group fitness concept, Yoga, Pilates, Reformer or boxing. 18 months remaining on lease with landlord support to extend the term.
- Asking Price:
- Under $100K (AUD) Furniture / Fixtures included
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease ends September 28 2024 but there is an option to extend at the time of the sale.
- Leasehold Rent:
-
$112,000 (AUD) per annum
- Location:
-
Located in a prominent shopping centre is South Yarra with street and paid parking option. High traffic street intersection, office, retail and residential area.
- Premises Details:
-
Located in the COMO CENTRE surrounded by retail and commercial tenants.
- Size in square feet:
- Roughly 350sqm
Business Operation
- Competition / Market:
-
In the immediate block there is one Yoga concept, one multiple modality gym and one functional training concept. There is a bootcamp concept next door to this tenancy.
- Reasons for selling:
-
Focusing on other locations overseas.
- Trading hours:
-
6am-8pm
- Employees:
- 10
- Years established:
- 4
Other Information
- Furniture / Fixtures value:
- $75,000 (AUD) - included in the asking price
