Averaging $18k cash surplus per month, this established, fully managed 24/7 gym is a fantastic investment opportunity for either a hands-off owner or owner/operator.
Operating for close to three years, this fitness centre has experienced stellar growth, with membership growing approximately 16% in the past three months alone. The current membership sits at 700, with comfortable capacity estimated to be around 1,000 members - a huge opportunity for a motivated buyer.
Opening a new facility with equipment of this caliber could easily cost between $200,000 - $300,000. The existing gear is in near-new condition and still has years remaining on its life. This represents a bargain for an astute investor.
The facility is fully managed which allows the owner to focus on other ventures whilst it provides a steady, repeat cash-flow which makes funding both the gym and other projects a breeze. The recurring cash-flow coupled with this years promising results - on track to earn over $220,000 EBITDA this year - makes for a sensational return on investment at around 25%.
The gym would also be suitable for a hungry owner/operator who could reduce costs, stamp their own mark on it and tap into personal training as an additional revenue stream.
Call Andrew - 021 041 3025 today for more information.
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