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Once in a lifetime opportunity. Get in before the end of financial year and pay only $250,000 for over $500,000 in equipment and fit out.

Priced for immediate sale, once restrictions are lifted, the price will go up.

$385,000 + SAV
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Akuna Street, Canberra, ACT, 2601

Summary

Crazy opportunity to pick up near new equipment for a fraction of its value. 490sqm with high-end equipment. for a steal, it doesn’t get better than that.

Location Details

Akuna Street

Potential

This gym is a blank canvas ready to explode after coronavirus restrictions are lifted. People are dying to get back to the gym and this is the perfect opportunity to target everyone in the region, not just people living in the region, but also the massive influx of daily workers.

Reason for Sale

A major car crash has put the owner out of action for 6 months. She simply can’t start up the business herself which gives you the most ridiculous opportunity to follow your own dreams for a fraction of the normal cost.

About the Business

Ex Fitness is located on Akuna Street in the City and is surrounded by immense possibilities from government departments, apartments, offices, retails shops to the incredible number of tradies working new construction in the area, the potential is enormous.

Loaded with high-end equipment, the owner has invested over $500,000 to get this venture off the ground but unfortunately, after a major car crash, she just does not have the capacity to enjoy the massive bounce on the back of coronavirus restrictions being lifted in July. This provides a remarkable opportunity to pick up a brand new gym without the standard price tag associated with a new gym.

Prior to the gym shutting down due to coronavirus, the average member spend was $37.16 per week. With no competition down this end of Civic, ONLY 100 members at this rate would bring in revenue of almost $200,000. What would 50% the capacity be worth?

What will it cost you to get your foot in the door to this remarkable opportunity? Only $250,000 will secure your new start.

What’s holding you back? Dream of a better life. Call Andrew from Summit Business Brokers today on 0418 676 400 for more information about this wonderful opportunity.

For more information, including full financials, for this wonderful opportunity
to view the terms & conditions in the Summit Confidentiality Agreement

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