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Sports Complex/Gym Leisure/Entertainment Business

Cabramatta 

Sold on 1 May 2017
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    Sports Complex/Gym Leisure/Entertainment Business in Cabramatta

    Newly Fitted Health Club and Fitness Centre

      This fitness gym is only 2 years old and is established in a brand new modern building. The current owners spared no expense with a $600k + professional fit-out. The site is very well organised with state of the art systems and equipment requiring minimal involvement from the owner.

      Location Details:
      This fitness gym is located within a near new modern building. The business is situated within the Cabramatta main shopping area, main road facing with ample high visibility street signage.

      Potential:
      Currently in excess of 700 active members with a database of over 2000. The business could benefit from increased marketing activity. An owner operator could potentially extend the business a 24-hour operation (STCA). Current owner spends less than one day per week in the business.

      Additionally, with such a professional fitout, this business would fit easily within a franchised group.

      Hours:
      Monday - Thursday: 6am - 10pm
      Friday: 6am - 9pm
      Sat - Sun: 7am - 9pm

      The Lease:
      Current Lease has 2.5 years remaining + 5 year option.
      650m2 @ $5500+ GST p.w including outgoings.

      Reason for sale:
      A regrettable sale, the owner is looking at other business ventures

      About the business:
      This thriving fitness gym in the ideal active location of Cabramatta sits inside a modern building and has received an extremely professional and relevant fit-out. The business has grown to an active membership of 700 members with an impressive database of over 2000.

      The fitness gym operates using the latest systems; equipment and technology to ensure its members receive the best service possible. The gym itself boasts luxury changing room, state of the art saunas, high-quality gym equipment and fantastic capable staff.

      Exciting facts about this fitness opportunity:

      - Impressive database of over 2000 people.

      - Brand new $600K + fit out.

      - High foot traffic location

      - Great list of includes assets Inc. Equipment, amenities and systems.

      - Exciting potential to increase local marketing.

      This fitness gym represents a spectacular opportunity and will not last long. For all enquiries, please contact Chris King on 0403 536 246 or chris.king@raywhite.com

      Disclaimer:
      Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.