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A Profitable And Established Vibrant Gym In Westonaria For Sale

Westonaria, Gauteng, South Africa
Asking Price:
R700,000 Furniture / Fixtures included
Sales Revenue:
R1,150,000
Cash Flow:
R100K - R500K

A great opportunity to own a stunning Gym in Westonaria.
The gym has been in operation for over 12 years and has a large customer base of 570 members.
The gym is equipped with solar geysers and comes with hybrid gas and a petrol generator.
The gym is situated in a prime location in the busy part of town.
This business presents an opportunity for a new owner to increase its member base by taking the reins and building upon the success of its current owner.

With a great Annual turnover of R1 150 000.00
And Annual Expenses of R 1 090 000.00
The business shows great net profits of +/- R35 000.00 per month.

The owner is wanting to sell to go on retirement, so the sale is priced to go at R700 000.00 (Neg).
Gym Asset value is +/- R 800 000.00 (All included in the Sale)

Trading Hours
Monday Thursday 6am – 8pm
Fridays 6am - 7pm
Saturdays 6am - 12pm
Public Holidays 6am - 12pm


Don’t miss out this great opportunity to own this vibrant Gym.

Property Information

Real Estate:

Lease

Lease Terms:

2 Years remaining on lease option to renew

Location:

Prime location in busy part of town

Business Operation

Competition / Market:

No competition in the area

Reasons for selling:

Owner is retiring

Trading hours:

Monday Thursday 6am – 8pm
Fridays 6am-7pm
Saturdays 6am -12pm
Public Holidays 6am – 12pm

Employees:
11
Years established:
12

Other Information

Furniture / Fixtures value:
R800,000 - included in the asking price