Please note too that, together with the massive industry growth in the area, the business is trading as well as can be expected [ without hands-on management ] + is only being “re-offered for sale with a massive PRICE adjustment” due to the ill health of the vendor & being the Gyms owner-operator.
Offered for sale here & as a vibrant going concern, are both its attractive & remodeled Freehold Property [ at an independently professionally assessed Asking Price ] together with the busy & ever popular longstanding Gym & Fitness Centre Business ‘that never closes’, operating 24 hours a day / 365 days a year, servicing its busy catchment area in Perth’s central – northern suburbs.
ACCORDINGLY – the all up FREEHOLD PROPERTY & its GYM BUSINESS has a combined ASKING PRICE from $1095K [ Noting too – VENDOR FINANCE assistance to facilitate the sale if required, also a possibility ]
Key points to note –
Minimal hands-on Administration required by an owner-operator/manager to successfully run the gym/fitness centre. Currently only staffed by the owner some 10 hours per week [ Mon – Thurs from 4pm – 6.30pm ]; with on-line joining bookings taken plus memberships & accounts independently processed plus a 6 day Mon 9am – Sat 6.30pm mobile hotline for assistance to members enquiries.
An extremely well laid out & fully equipped gym [ with Gym Equipment having an estimated replacement value well exceeding $300K ] + with all the tools + access to trainers to help members ‘achieve & maintain their body as they best choose’.
A strong & loyal core Membership base exists [ & which could well be expanded with a more hands on Owner-Operators marketing & with independent training involvement], yet with abundant further opportunities for sustained future growth in this popular area.
Historically substantially Profitable too – & we’re advised, has generated the owner-operator vendor a healthy net on his former income, derived from the combined training sessions plus gym business plus from the property investment.
Full details & financials are available to seriously intending prospective purchasers, who have first had the opportunity to inspect the fitness centre & gym and make initial enquiries of the owner.
[ Note too – & if required, the retiring owner-operator is prepared to work on for an extended period to ensure the smooth transition to new operators ].
A great Commercial Investment Property, fully fitted out equipped to be a first class gym & fitness training facility [ strata area of approx. 350 sqm ], is included in the sale – and attractively offered at a market related price [ suggested from $900K if it were to be separated from the Gym’s $195K Business Equipment ] – although flexibility exists in the final make up of the selling price split between the Business & Freehold Property values.
To register your interest or to arrange an inspection, please contact the exclusive agency selling broker David Ellis on 0438 800 724 / david@elliscorp.com.au