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Well Known And Profitable Fitness Studio In Nelspruit For Sale

Nelspruit, Mpumalanga, South Africa
Asking Price:
R1,400,000 Furniture / Fixtures included
Sales Revenue:
R1,740,000
Cash Flow:
R629,000

Overview: A well-established fitness centre in Nelspruit that specialises in electro-muscular stimulation training. The fitness franchise is well-known and has an international footprint that is seeing significant growth worldwide.

The studio is professionally designed and has been in operation for 7 years. The business is smoothly run by its staff and receives continuous support from the franchisor, providing the necessary infrastructure for a well-oiled fitness centre. This studio is well positioned in a centre that is well populated

Owner Involvement: The Owner is supported by well trained and popular trainers. The owner is active in the studio roughly 2 hours a day, and manages the finances and administrative side of the business. She ensures that the standards of the studio are aligned to customer expectations.

Staff: The operational side of the business is run primarily by the well trained coaching staff, with the owner overseeing the business only and not being that actively involved. Trainers are well trained in the use and outcomes of the equipment they use and customer focussed. Their combined expertise provides stability and continuity, making the transition to new ownership both manageable and scalable.

Potential: The Fitness Centre studio has no competition in the nearby area, which presents a significant advantage to the studio offerings. The studio has yet to reach its maximum potential which creates a significant opportunity for the next owner. With time becoming so critical in our daily lives, a focused fitness session with a personal coach has become very popular. The studio offers this service to clients while also providing access to a nutritional doctor. As such, the franchise has built up an established client base.

The franchisor also continuously focuses on improving systems to keep the business up to date with the latest technology, driving national marketing campaigns, and operational support to the studio. This creates a favourable backdrop for a new owner to capitalise on the brand’s momentum, while applying hands-on strategies to unlock the studio’s true earning capacity. Price Excludes Stock and Vat

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires in 2027, but landlord will renegotiate with new owner

Leasehold Rent:

R95,300 per annum

Location:

The business is situated in the highly sought-after and a popular Shopping Centre, one of Nelspruit’s most established and well known Shopping Centers. It is known for its strong sense of community, and has a vibrant and well supported retail mix and vibrant commercial activity.

Premises Details:

The Studio is 62 square meters big ,and is well laid out, with dressing room, 2 showers, and a prep and in-body area. The premises also has a small office and a front welcome area.

Size in square feet:
62 sq meters

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is potential to increase membership through a marketing and social media drive

Competition / Market:

There is no similar fitness centre in close proximity to this studio

Reasons for selling:

Owner is looking to relocate

Trading hours:

Mon Fri 5am to close (6pm)
Sat 6am – 1pm
Sunday closed
Pubic Holidays 6am to 1pm

Employees:
3
Years established:
2018

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

National Franchise Royalty &
Monthly Nutritional Doctor Fee: FixedR11 686.33 (Incl Vat)

National Marketing Fund Contribution: Monthly fee of 2% of gross turnover, minimum R2 200 per month

Other Information

Support & training:

Franchisor is strong in supporting its franchisees, and offers regular training when required

Furniture / Fixtures value:
R720,000 - included in the asking price
Inventory / Stock value:
R15,000
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