SBX Business Brokers Phone : 02 9439 ****

Gym - Fitness - Franchise - Gymnasium - Gym - OrangeTheory Fitness Franchise - Lane Cove - Fitness - Franchise - Gymnasium - Territory Only

Listing Id : 264243

Location : New South Wales - Lane Cove

Category : Others

Asking Price : 69,000

Business description

Gym - Fitness - Franchise - Gymnasium - Lower North Shore - Agent SBX Code Number: F3296 Gym - Fitness Centre - Franchise - Exclusive premium Lane Cove TERRITORY ONLY - Orange Theory Fitness is a one of a kind science backed technology tracked gym instructor inspired group workout. - Exclusive heart rate monitoring technology - The unique combination of fitness - technology and science gets people moving and burning in an entirely new way. - In addition to access to a wealth of experience, training materials and resources you will be also be inducted and trained personally by the Australian support team as part of the Collective Wellness Group family. - Potential Has over 800,000 members spread across more than 1153 studios in 18 countries across the world. Features Over 1153 studios worldwide - Approx. 700 studios have opened over the past 7 years with not one closure. - Owner currently owns exclusive rights to the suburb of Lane Cove - Brilliant location. Premises The vendor at this stage has identified a prime location that would be on point for this type of business. Location Situated in premium Lane Cove territory. Trading Hours Hours to suit - generally 7 days . Lease To be advised Comments It is felt the demographic of Lane Cove suits an Orange Theory Gym and should bring significant foot traffic to the property which will hopefully assist other surrounding businesses. - Currently 17 established sites in Australia - Type of equipment used is a variety of treadmills (bikes and striders as alternatives ) - Water rowers and floor equipment including dumb bells - benches - TRX suspension trainers - medicine balls, BOSU trainers etc. - Awards #1 Franchise Times Fast and Serious list. - Classes generally hold up to 24 people - Skills required - Someone with hands on who has knowledge to build and motivate teams. - Needs to meet minimum net worth and cash flow criteria plus understanding of the market, culture and customer habits of the desired territory - Not being sold on financial figures - Dont miss this exciting opportunity. - G.S.T. is also payable and not included in the selling price of $69,000 as the business is not a going concern. Figures Weekly Sales $0 Rent (ex GST) $0 Wages $0 Profit $0 Agent SBX Code Number: F3296 - SBX Business Brokers

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