- Categories: Leisure/Entertainment
All Equipment Provided
If you Qualify as a tenant your entry to this business is to provide a Cash Bond or Bank Guarantee of $20,000 (3 Months Rent) and enter into a 3 X 3 Lease.
The Business opportunity for this Up-Market Boutique Gym area is pay rent only. The rent is $80,000 per year and includes the use of the equipment. It is privately owned by the Landlord which further positions the business for growth. The gym is fully equipped with essentially new apparatus and the tenant will not need further equipment. As an operator, you will be placed well ahead of any other gym in the area as your only expense is the rent which includes the use of the equipment that will be maintained by the Landlord. The gym has a potential for growth that will give a motivated operator a "leg up" to achieve a gym that will be the jewel of the gym community. Since the gym is professional and in an office setting you as the gym owner will be able to charge sustainable Membership Fees and you will not have to slash fees like the competition does. This is your opportunity to plant and nurture a healthy Gym Culture in Caboolture. There are existing members but this is your chance to build your own presence and model for this facility. The area is positioned to draw medical clients, senior clients, other community members and is already supported by the local professional community.
This is a Boutique Gym that is upmarket and superbly positioned. You will be in a position to offer a full suite of services that are additional to the classical use of the equipment. This will Include Pilates Classes, Tai Chi and Group Coaching for Yoga or Aerobic Dance. Furthermore, Medical Rehabilitation is a largely untapped lucrative market for traditional gyms.
The gym is serviced by a vibrant a separate business that is a coffee shop. The Coffee shop is not part of the gym and offers coffee, juices, smoothies, breakfast & lunch. There are showers and toilets for the gym members plus extra space is available for classes thereby, freeing up the gym equipment area. The facilities can be run with 24 hour access using Key Cards.
The rent covers the equipment and space.
• Prime Position in a Medical Health District in Caboolture
• Fully equipped with Over $120,00 value.
• Professional office environment fully covered roof and air conditioned
• Not a Franchise
• Extra rooms for classes
• Large TVs, Duress Buttons, Sink, Floor Coverings and a good Sound System
• Pay Rental Of $60,000 per annum inclusive of the outgoings for the Space only with a new Lease of 3 X3.
• Have full use of the Equipment for an extra $20,000 +GST per annum as part of the Lease
• Hire of the property amounts to $1,500 per week
• Tennant must comprehensively Insure the Equipment and Also have a Public Liability Insurance.
• A Lease Bond of 3 months will be payable for the right Tennant.
• Easily accessed With Plenty of Parking.
Rental Cost of Business: $20,000 Bond Payable
Broker: Ray Dye.