If you are a business women who is also a fitness fanatic, then this is the business for you!! This excellent, upmarket, privately owned Ladies Boutique Fitness Centre was opened by the owner 2 years ago, and is well located on a busy road in a secure building with lots of
safe parking, in the East Rand. Now with 90 members, the business has proved to be a winner for the owner, who although does not work in the Gym herself, manages the business via an App that has been designed especially for use by all Fitness Centres/Gyms. The App is used to run the Sales and Accounts and allows the clients to make their bookings via the App as well. She employs various Instructors who she pays per hour, and therefore is now earning a fairly steady passive income every month. Having said that, should a qualified Gym Instructor purchase the business and conduct some of the classes herself, the monthly Net Profit will increase immediately, as the Salary Bill will drop, and notwithstanding the aforementioned, the Gym is only open from 8am to 10am and 3pm to 7-30pm during the week, and only 9am to 10am Saturdays. There is, of course, an opportunity to increase the hours which will help to increase the customer base and thereby increase the Turnover very easily. They sell various different types of membership Deals, from R480 per month to R880 per month, depending on how many classes the client wishes to attend.
They Offer Boxing, HIIT, (High Intensity Interval Training), Toning Classes, Functional Fitness Classes - using light weights, Rebound Training and Pilates. The Fitness Centre is attractively laid with their own toilets and a Changing Room, plus all the Assets necessary to run a business of this nature. There is also an extra room that can be used by a Therapist, Nutritionist or Biokineticist and the like. An excellent opportunity to grow this already profitable business, as well as opening more branches and/or Franchises. A brilliant opportunity for the very fair market related price of R600k. Don't let this one pass you by!!!
- Asking Price:
- R600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- Available on request
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
-
Conveniently located on a well known busy road, in a secure building with lots of safe parking on the East Rand.
- Premises Details:
-
The premises are well laid out and originally designed as a Ladies Boutique Fitness Centre, with a changing area and toilets. There is also an extra room that can be used for special treatments such as a Biokineticist, Dietician, or any therapist pertaining to the Fitness model. The Rental for the premises is also very reasonable indeed.
Business Operation
- Reasons for selling:
-
The Owner is emigrating overseas to join her family.
- Trading hours:
-
Their operating hours are Monday to Friday 8am to 10am, and 3pm to 7-30pm; and Saturdays from 9am to 10am. Closed Sundays.
- Employees:
- The Owner employs various part time Instructors who are paid by the hour.
- Years established:
- The business has been established for 2 years.
Other Information
- Support & training:
-
The Owner will stay with the purchaser for a time to be negotiated to help with a smooth transition from one owner to the next.
- Furniture / Fixtures value:
- R400,000 - included in the asking price
- Inventory / Stock value:
- R10,000 - included in the asking price