Renowned EMS Personal Training Studio – SpeedFit Brighton
6264
Property ID
Description
ENQUIRY FORM
This well known EMS Personal Training studio has been operating for three years and is located in a prime central location, surrounded by local cafes, schools and a large health precinct. Also surrounded by residential and commercial properties, this vibrant studio has an enormous amount of potential, especially for a local enthusiastic resident wanting to take that first step into owning their own studio.
The current owner (SpeedFit national franchisor) took over this studio from another EMS brand, rebranded it, implemented tried and tested franchise operational procedures, and now when it stabilised with a growing membership base month on month, is looking for a dedicated franchisee, who can run this studio as its own. The site is a turnkey investment with only minimal work to be done to continue the growth of the studio’s client base and community. With national support from the SpeedFit HQ team, this studio has major potential to thrive with a highly motivated business owner.
The purchaser will receive full handover support, franchise training and hands-on support by the Franchisors Business Consultant for the first two weeks of operation. This will ensure a smooth transition and maximum client retention for guaranteed revenue from day one. With strong brand awareness thanks to more than thirty studios across Australia, and three satellite Support Offices across the country offering continued guidance, this makes this opportunity great for someone starting out or interested in growing their own portfolio.
To consider:
- Perfect opportunity for both the fitness professional as well as someone who is passionate about helping people and making a difference in peoples lives
- All equipment is included in the purchase price or option to lease
- Rent $715 per week
- 76 sqm
- Outgoings are $115/per week
- Normal Startup Costs $220k+ with no client base
- Asking Price:
- $200,000
Lease
15/09/2019 to 14/01/2024 with 1 option for further 5 years
$37,131.48 per annum + GST + outgoings (amount as of 01/03/2021) with 3% annual increase
Outgoings are estimated to be $6,000.00 per annum inclusive of GST
A security deposit is $6,416.66 is required
Staff
2 Staff members: 1 x full-time Studio Manager (currently on Traineeship with a Wage subsidy of $28,000.00 per annum) + 1 casual Instructor
Trading Hours
Monday to Saturday based on bookings
Premises
76 sqm
Shop 1, 770 Hampton Street, Brighton VIC 3186
Opportunity
An opportunity like this does not come around often. Join a franchise network with involved franchisors and a support team to ensure that you are set up for success. The Brighton studio has endless potential to grow and is ideal for a local resident to take the member base to its potential and reap some high financial returns.
You will be buying into a brand that is established and recognised throughout Australia, whilst still benefiting from being one of the first franchisees who will watch SpeedFit reach its full potential and become the most recognised EMS brand in Australia, and potentially across the globe! For an Automatic financial return, this is a great opportunity not to be missed!
Address
- Country: Australia
- City / Town: VIC
- Property ID 6264
- Price $200,000 / Price on Enquiry
- Property Type Boutique Studio
- Property status For Sale
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