Summary
Ready to take ownership of an independant gym that not only generates monthly revenue but also boasts a solid starting membership base (80+)? the gym already turns a profit all the hard work is done!
Revenue
$10,000 pm
Rent
$2,900 pm
Expenses
$1,200 pm
Net Profit
$5,000 pm
Location Details
Alfred Street
Narraweena on Sydneys Northern Beaches this underated suburb has a great community feel and plenty of parking for members. While a far enough away from the over crowded Brookvale Fitness Market. The building has a great history previously Tony's Gym
Potential
There are many opportunities for growth of this business includine:
- Expanding the recovery room option (currently members only options)
- Adding personal training to the options, adding rental or split fee structure from a personal trainer or two would increase the weekly income
- Growing the membership base currently in the mid 80's potential for more, currently have buitl from word of mouth but with the right social media strategy you could increase membership base.
Skills
Ideally the buyer is has a personal training back ground like myself and can help the members execute their training programs.
All training will be offered to run the operations side. If you wanted to continue the group training and online coaching you'd need a personal training back ground and certification. But you could always contract that out
Hours
Group Coaching:
5.30am - 7.30am Monday to Friday
Members have access 5am-10pm 7days
Sign ups via appointment
Lease
3 years with 10months left + an option of another 3 years
Employees
Currently Owner operated 1 staff + contract PT
Reason for Sale
Owner is looking to relocate to south coast.
About the Business
Are you a personal trainer looking to take the next step??? Take ownership of a thriving gym that not only generates monthly revenue but also boasts a existing membership base? Picture this: with 80+ dedicated members, our gym already has a steady stream of income that significantly contributes to its monthly turnover of $10,000-12,000. (Does not include Personal Training revenue)
With total expenses totaling aproximate $4,300-$5000, you'll enjoy a healthy profit margin that ensures financial stability and growth potential.
Currently I run the gym as an Owner Opperator focusing on delivering a "house gym program" via our app and during coached hours
Coached hours is where members can book into a small group session and a coach is on the floor to take them through the exercise and set ups etc
Current Coached Hours Availability:
5.30am - 7.30am Monnday to Friday
The gym is equipment is premium, with brands like Prime, Atlantis, Hammer Strength, Citadel, Pannatta, Australian Barbell, Strive and Nautilus with over $120,000 in equiptment fully owned no leases to take over.
All members have access to the app and can also follow the training program on their own between the hours on 5am-10pm 7 days with the gym accessable via swipe key access and the membership management software.
Premium Members have access to our Sauna & Ice Bath aswell.
As the new owner, you'll step into a business that's already growing, with proven revenue and an existing customer base that values the services and facilities our gym provides. With state-of-the-art strength equipment and a welcoming atmosphere, we offer an unparalleled fitness experience that keeps our members coming back month after month.
With an asking priced of just $149,000, this gym represents an incredible investment opportunity, offering immediate cash flow and the potential for further growth and expansion. Don't miss out on the chance to own a business that not only generates revenue but also makes a positive impact on the lives of its members. All the hard work is done for you & vendore finance options available.
History
The gym has been opperating for 2 years
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