This well known EMS Personal Training studio has been operating for three years and is located in a prime central CBD 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.

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 $1,125 per week
• 110sqm – double studio which means the 4 machine model can operate comfortably
• Normal Startup Costs $220k+ with no client base
• Active members: 70
• Revenue:
  • Y to date (01/07/2021 – 11/03/2022): $80,411 + GST
  • last month (02/2022): $18,550 + GST

Lease

07/07/2017 to 06/07/2022 + 2 options each for another 5 years

$50,000.00 per annum + GST inclusive of outgoings (amount as of 07/07/2017) with a 4% annual increase

A security deposit is $13,750.00  (3 months gross rent + GST) is required

Staff

2 Staff members: 1 x full-time Studio Manager + 1 casual Instructor

Trading Hours

Monday to Saturday based on bookings

Premises

110 sqm, great fit out inclusive of office space and set up for 4 machine model (option to double income)

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 Sydney 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!