Upmarket 24Hr GYM | 500+ Members & Growing | Renowned & Well Established BrandListing: #EL01931
About this Business for sale in Auckland CityUpmarket 24Hr GYM | 500+ Members & Growing | Renowned & Well Established Brand
Health is wealth they say. This gym is on the market for the first time since establishment and has an annual count of above 500 members with 'Class A' premium quality equipment to cater for them.
A beautiful location with an interior that reveals the vendor's efforts. An inviting atmosphere and a 5 Star Rating that speaks for itself.
- 100% Staff Managed Operation.
- Owner has operated the business for the past 4 years and is regretfully selling to pursue another business venture.
- Supplements and sports apparel are an additional promising source of income.
- Very reasonable rental for the large/ high-stud premises including a separate reception area at $1,684 Including GST (Plus OPEX) Per Week. Secured lease in place.
- Vendor has set up campaigns for 2019, presumed to increase memberships by approx 160+ members.
- 24/7 member access and advanced monitored security systems in place.
This is a once in a lifetime opportunity. The hard work has been done and a platform is ready for an entrepreneur to carry a successful operation forward.
Asking Price: $800,000 + SAV
Call the 'A-Team' for more information:
RON VAZIRANI: Mob: 021 294 2978 (or) DDI: (09) 555 6036
ANIL VAZIRANI: Mob: 021 0277 8149 (or) DDI: (09) 555 6020
+64 9 555 6036
+64 21 294 2978
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.