Summary

Acquire a well-established fitness centre located in a high-traffic shopping mall, benefiting from excellent visibility and a steady flow of potential members. Fully equipped and professionally operated, this business presents a turnkey opportunity for an investor or fitness entrepreneur looking to take advantage of the increasing demand for health, fitness, and wellness services

Give me more information

Fully describe the business's activities?

Accelerate FItness Southdale is a fully commercial, fully equipped commercial gym with 1300+ members

How does the business operate on a daily basis?

The business operates daily (except for easter and Christmas periods) for current gym members and to tour prospective members

What Advertising/Marketing is carried out?

Activations, Google Ads, Referral campiagns

What competition exists?

None. It is currently the only large commercial facility in the area

How could the profitability of the business be improved?

Needs to be Owner managed

Do any have management potential?

Yes

How involved is the Owner in running the business?

Currently not too involved, and that is the problem

When does the current lease end?

2031

What are the trading hours?

Monday to Thursday: 05:30 - 12:00
Friday: 05:30 - 19:00
Saturday: 07:00 - 13:00
Sunday and Public holidays: 07:00 - 12:00
Easter Weekend and Christmas to New Year: Closed

What are the main assets of the business?

The equipment and membership contracts

Strengths?

Large membership base
Prime location in a high-traffic shopping centre.
Strong visibility and brand exposure.
Convenient and accessible for members.
Large and diverse target market.
Opportunities for walk-in membership sales.
Secure premises with ample parking.
Ability to attract both local residents and shoppers from surrounding areas

Weaknesses?

Members need to be managed to pay and follow rules and regulations
Dependence on Membership Volume
Member Retention Challenges
Equipment Wear and Replacement Costs
This transaction constitutes the purchase of the business assets only. The Purchaser shall be required to rebrand the business and operate it under a new name.

Opportunities?

Growing Health & Wellness Trend
Expansion of Service Offerings
Supplement and Merchandise Sales
Technological Integration

Threats?

Currently none. Only Large commercial facility in the area

What is the reason for the sale?

The current owner/manager is required to remain actively involved in the business on a day-to-day basis, and the sale is being considered due to this ongoing operational requirement and personal time constraints