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Overview
This women's only gym was set up in 2007 and the owner has invested a considerable amount of capital (over $750,000) in establishing a premium, boutique fitness facility.
The purpose built fit-out has created a gym with loads of natural light and a wonderful ambience. Little expense has been spared in equipping and maintaining the gym to the highest standards possible.
The configuration includes:
- Entry – reception – manager’s office
- Membership office
- Cafeteria with tea/coffee making facilities for members
- Childcare room with organized child minding facility
- Consultant's room (subleased to beauty therapy business)
- Consultation room for Gym instructors
- Locker Room
- Infrared Sauna
- Shower Room
- Toilets
- Staff Kitchen
- Storeroom
- Main Gym Room
- Group Fitness Studio
- RPM studio
The gym uses the Les Mills range of programs as the owners and instructors believe that their members know and trust the market’s leading brand. There is a licence fee of $700 per month.
They also offer a very popular child minding service. This is available Monday to Friday from 9.00am to 10.30pm and there is a bright, well equipped, dedicated room for this purpose with staff in attendance.
This gym could be run as an independent or as a franchised operation
This gym has very good hours of:
Mon – Thurs 6.00am to 8.00pm
Friday 6.00am to 7.00pm
Saturday 7.00am to midday
Sunday 8.00am to midday and closed on Public Holidays
Turnover climbed through the $400,000 mark in 2008 / 2009 however the recession has seen it dip back to $379,212 in the 2010 / 2011 year. The gym could show a cash surplus of $73,266 on these reduced numbers and considerably more when fully primed.
There is a secure lease through to 2027.
This business enjoys an excellent location on the edge of the CBD. It is nicely structured and well run, poised to take advantage of the uplift in the economy.
The purchase price is a fraction of what it would cost to start up a gym of this quality and with a motivated and energetic new owner this operation should hum.
Asking Price
Tangible Assets $150,000
Intangible Assets $49,000
Stock
$1,000
TOTAL PRICE $200,000
Contact Ben Thomas
04 499 1538, 0274 493 757
Ref: 40614
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