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The exercise industry continues to grow, with increasing numbers of Kiwis joining gyms each year. With more than 45 gyms in New Zealand, this gym has a strong reputation for being well-priced, with a great presentation that offers high-quality facilities for both strength and cardio training.
The gym currently has a membership in excess of 1,000, which is set to grow thanks to the gym's recent focused efforts to attract and retain new members.
The well-presented gym covers 500 square meters, and was last updated (including repainting of walls) in January of this year. The gym has specialist cardio and strength-training equipment and facilities, including a separate boxing room, a cross-fit cage, a lifting platform, and a 'fitness on demand' (virtual reality exercise) room that includes a full HIIT (high-intensity interval training) area.
The gym is run by an experienced, full-time manager and a part-time assistant. Personal trainers work at the gym on a self-employed basis, which limits costs for the gym. There is currently one personal trainer based at the gym full-time and one based there part-time. Because the presence of high-quality personal trainers increases member retention, management has recently established a private trainer internship programme.
The combination of strong support from the New Zealand franchisor and an experienced, competent manager means the new owner does not necessarily need a background in management or marketing.
Price $700,000
***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.
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