Health, Beauty & Fitness | This Is One Fit, Fully Managed Opportunity

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This Is One Fit, Fully Managed Opportunity

Any, Auckland | Ad ID# 3296
Industries  >  Health, Beauty & Fitness
Asking Price $1,495,000.00 Inventory $
Included in Asking/Selling Price
Gross Income $0.00 Real Estate $Lease
Stock/Inventory value .00 Year Established NA
FF&E $0.00
Included in Asking/Selling Price
*
Employees




Business For Sale By
Chloe Belli

Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below

  Website
This Is One Fit, Fully Managed Opportunity

Barker Business Brokerage is pleased to showcase 2 independent fitness centres, one in the lower North Island and one in the South Island.

Both gyms are fully managed with excellent staff in place including skilled Trainers, admin and of course, management which makes this a passive opportunity for the right buyer. They are all fitted out with modern branding and are fully loaded with a great variety of cardio and resistance training machines and equipment.

Membership has grown over the years and with the public focused on healthy-eating and fitness trends, it is expected this will only continue. The clubs are part of a global fitness brand which is very well recognised, and the new owner will receive strong franchise support.

While it is the preference of the vendors to sell the gyms as a fully managed group, consideration will be given to selling them individually if this is your preference. Current returns to a "hands-off" owner are in the vicinity of $365K PA.

Asking Price $1,495,000.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2279 , register your details and submit the online Confidentiality Agreement. Once Greg receives your expression of interest he will be in touch.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

General Information

Facilities: Barker Business Brokerage is pleased to showcase 4 independent fitness centres at various sites, located in the south of the North Island and the South Island. Each gym is fully managed with excellent staff in place including skilled Trainers, admin and of course, management which makes this a passive opportunity for the right buyer. They are all fitted out with modern branding and are fully loaded with a great variety of cardio and resistance training machines and equipment. Membership has grown over the years and with the public focused on healthy-eating and fitness trends, it is expected this will only continue. The clubs are part of a global fitness brand which is very well recognised and the new owner will receive strong franchise support. While it is the preference of the vendors to sell the gyms as a fully managed group, consideration will be given to individual sales but if this were to occur, the management structure would have to be re-negotiated. Current returns to a "hands-off" owner are in the vicinity of $428K PA. Asking Price for the bundle of 4 gyms: $2.4M. If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2279 , register your details and submit the online Confidentiality Agreement. Once Greg receives your expression of interest he will be in touch. Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

Property/Location

Real Estate: Lease

Other Information

Reason for Selling: NA