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24/7 Fitness Centre Under Semi-Management

Gym & Fitness

ActiveServicesWestern AustraliaB2C
Asking price
$720,000
Disclosed · AUD
Revenue
$622,648
TTM
Net Profit
$272,342
Implied multiple
2.6×
asking / earnings

Brief

  • 24/7 fitness centre operating from the same location for 20 years
  • Offers gym memberships, personal training, exercise physiology and group fitness classes
  • Subscription-based income with upfront and direct debit options
  • Direct debit memberships have a minimum six-month contract term
  • Over 750 customers with strong retention and no reliance on any one customer
  • Only 24/7 fitness centre in the area offering exercise physiology eligible for Health Fund, Medicare and DVA rebates
  • Run under semi-management with cross-trained staff
  • Two owners work the equivalent of one full-time employee between them
  • Located on a major thoroughfare with roadside exposure and parking
  • Profits over the last three years increased 20% as the main owner stepped back

Gym and fitness businesses in Western Australia

Gym and fitness businesses for sale in Western Australia (12) →
Listed
12
active
Median asking
$353K
12 priced
Earnings multiple
2×
101 listings
Price drops
4
in 30 days
Asking price spread12 of 12 state a price
This listing · $720K
17%
42%
33%
Under $100K$500K–$1M

Australia 94 · Victoria 32 · New South Wales 21 · Queensland 20

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Gym and fitness businesses for sale in Western Australia (12) →