$190,000 + SAV ($600 approx.)
Established in 2015, this fitness centre/gymnasium is strategically located in Adelaide’s southern suburbs, benefiting from strong local presence, excellent accessibility and exposure to a large residential catchment.
The business offers members 24/7 access to modern facilities, a diverse range of group fitness classes, personal training and an on-site crèche, creating a well-rounded offering that appeals to a broad membership base. Supported by established systems, an online booking platform and a team of part-time staff, casual employees and contractor trainers, the business operates with minimal owner involvement.
With a membership base exceeding 700 members, multiple membership options providing recurring revenue and a secure lease in place through to 2030, this presents an opportunity for an incoming owner to acquire an established fitness business with proven operations and further potential for growth.
Tony Iasiello 0412 217 608
| Goodwill including Plant & Equipment | $190,000 |
|---|---|
| Stock at valuation (approx) | $600 |
| $190,600 |
| Lease Term | 10 years |
|---|---|
| Lease Expiration | 30th September 2030 |
| Outgoings | Paid by Tenant |
| Adjustments | CPI |