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Large Modern Health Club In Bayside Melbourne For Sale

Bayside, Victoria, Australia
Asking Price:
$1,750,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$250K - $500K (AUD)

This long established, beautifully presented facility operates in a most attractive residential, corporate and commercial catchment area in the bayside of Melbourne.

The location provides exceptional exposure to its core market with active membership of over 2000.

The floor space of 2,650 m2 which underwent a significant upgrade of features and equipment through the recent Covid 19 lockdown has the capacity to cater for over 3,000 members, with currently circa 2000 members enjoying the facilities provided.

Open 7 days a week it offers its members a complete range of services and facilities that include:

Strength Training
Cardiovascular Training Equipment
High Intensity Small Group Training
Café
Creche
Large Group Fitness Rooms
Separate Light Up Cycle Studio
Separate Yoga Studio
Les Mills Programs
Member access to Indoor Heated 4 x lane Swimming Pool
Infra-Red Sauna
Change Room and locker Facilities
Revenue circa $2 million

Price $1,750,000 including Goodwill, All Equipment and Fixtures & Fittings unencumbered

Property Information

Real Estate:

Lease

Lease Terms:

Favourable and flexible lease terms available

Location:

Located in the prime Bayside area of Melbourne with large residential and corporate industry markets surrounding the club

Premises Details:

Large club of 3000m2 in total with 2600m2 of health club facilities with member access to a heated indoor saltwater pool.

Business Operation

Trading hours:

24-7

Years established:
30+ Years

Other Information

Support & training:

Vendor will provide 4 weeks of transitional training to the successful purchaser