Want To Own Your Own PT Studio?
On behalf of the current owner, we have been asked to source genuine purchasers for a PT studio in Melbourne.
In a highly populated South Eastern bayside suburb, this 180sqm studio was established approximately eight years ago.
It is located in one of Melbourne’s key suburbs and, as such, the business has been grown by the current owner since acquisition, to peak at over 80 active members with 75+ active direct debits.
The business and the facilities could easily cope with another 120 members but the owner wants to shift their focus to their other non-competing business.
A few useful stats:
- Rental: $36,500 plus GST per annum, plus all outgoings, and a 4% annual rental increase.
- Lease: Current lease expires 1 August 2016. with a five-year option.
- Equipment: Life Fitness cardio and strength
The facility has been newly equipped and refurbished, to the tune of $100K. They have also launched an older adult’s program, which has proven highly successful.
This business offers a great opportunity for growth, to provide a wage and a return on investment for a keen business owner.
Your investment for this great business is just $129K, with some negotiation possible.
If you are interested, email [email protected]
Justin is the Managing Director of Active Management, which he began January 2004. He offers coaching to businesses worldwide in everything from start up and design to marketing and sales systems. Justin also facilitates four Australian and New Zealand ‘fitness industry roundtables’ events, which allows him to see a huge cross section of business models.