Renowned EMS Personal Training Studio – SpeedFit Melbourne CBD
Established Boutique EMS Personal Training Studio – SpeedFit Melbourne CBD is now for sale.
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 businesses. 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.
- Perfect opportunity for both the fitness professional as well as someone who is passionate about helping people and making a difference in people’s lives
- All equipment is included in the purchase price or option to lease
- Gross rent $865 per week
- 124sqm – a double studio which means the 4 machine model can operate comfortably
- Normal Startup Costs $220k+ with no client base
30/09/2019 to 30/09/2024
$62,400.00 per annum + GST inclusive of outgoings (amount as of 01/04/2021) with a 4% annual increase
A security deposit is $22,000.00 (4 months gross rent) is required
2 Staff members: 1 x full-time Studio Manager + 1 casual Instructor
Monday to Saturday based on bookings
124 sqm, great fit out inclusive of office and set up for 4 machine model (option to double income)
Level 2, 164 Bourke St, Melbourne VIC 3000
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 centrally located Melbourne CBD 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!
- Country: Australia
- City / Town: VIC
- Postal code / ZIP: 3000
- Property ID 6280
- Price $150,000 / included Territory / Franchise Fee
- Property Type Boutique Studio
- Property status For Sale