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Listing ID: 3187161

Incredible gym in the perfect location. Mass profits and under market value. For Sale

131 City Walk, Canberra, ACT, Australia

AU$ 750,000

(Furniture / Fixtures included)

Revenue: AU$ 1m to 5m

Cash Flow: AU$ 0 to 100k

Business Description

Summary
Fernwood Canberra City is a fabulous success story boasting massive numbers of loyal members ensuring stability and profit for many years to come. Female only gym that can be owned by anyone.

Potential
This gym is highly successful, however, it is not running at full capacity. A new owner certainly has the capacity to come in and drive the business further.

Reason for Sale
The business owner not only has a large family, but she also has other business ventures that prohibit her from spending much time in the gym. While it has been extremely good to her over the last 10 years, it is now time to let the next owner come in and develop the space further.

About the Business
Fernwood Women’s Health Clubs have been looking after women’s wellness for over 30 years. Canberra City has been a part of the revolution and success of the business model for 20 years with the current owner being part of the infrastructure for a vast majority of that time and as the owner for 10 years.

Fernwood has 70 clubs across Australia and over 70,000 members with Canberra City being a major contributor to the models' success. Providing a safe, unique gym environment for women, this remarkable offering will continue to thrive for many years to come.

The health and wellbeing industry is considered one of the safest and most secure small business industries not only across Australia but across the world. More and more people are seeking healthy lifestyles resulting in an exploding industry with so many alternatives. Fernwood Canberra City has carved out its niche in the market with a women’s only offering with very little direct competition.

Asking only $750,000 + Stock At Value, this business is prime value well below fitness industry standard multiples. For more information on this incredible business, call Andrew from Summit Business Brokers today on 0418 676 400.

Chase your dreams, take control and live the life you want to live.

Property Details

Property Type:

Real

Other Details

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