Gym For Sale
24 hour gym for sale (near Canterbury Bankstown)
It has been in operation for over two years and currently has 700 members.
The company is fully managed, and the owner has little say in the matter.
A long-term lease has been secured.
Fantastic Business!
The owner has spent a significant amount of money to set up this facility, and because of his personal circumstances, you have an excellent opportunity to purchase it for less than the setup cost.
Current Earnings
$43,000 per month
Rent
$24,667 per month
Expenses
$12,000 per month (approximate).
Net Profit
$6,000 per month
Location Details
Located on the busy Inner West Main Road in a densely populated suburb with old-style unit apartments that lack gym facilities.
A short walk from the train station
Plenty of foot traffic
Since its inception in 2018, the gym has been in a prominent location and has demonstrated great resilience in the face of Covid-19, surviving while other gyms in Sydney were closing down.
With little effort from current owners, membership numbers have already returned to pre-covid levels (business under management and current owners have not made any real effort to grow business due to other committments).
The gym is 500 square metres in size, and the current equipment can easily handle double the number of current members, so a new owner would only need to focus on marketing to grow the business.
Skills
No special skills required
All training provided – this business is easy as they come
Hours
A total of 60 hours per week from Monday to Sunday (can be reduced – other 24hr gyms are typically staffed for 40-45hrs per week)
Lease
5x5x5 long lease that began in September 2018.
Reason for Sale
The owner has other businesses which need their time and resources
DO NOT DELAY AS THIS BUSINESS IS PRICED TO SELL QUICKLY.
Steven Ung
I'm the owner of Business Brokers Sydney and have many years experience in the hospitality industry having owned cafes before becoming a business broker.
Feel free to call me for a free consultation if you are looking to sell your cafe.
Digital Marketing Agency For Sale
Well-established, profitable and still expanding
Staff and Systems
Everything is in place
SummaryWell-established Australian-owned digital marketing agency based in Sydney that specialises in digital marketing and web design.
About the Company
The company was founded in 2016 and initially provided digital marketing and web design services to Australian businesses before expanding their offering to include international clients as well.
The company employs staff / contractors in India and the Philippines, allowing them to keep operating costs low and profit margins high.
The owner has spent the last few years putting proper processes and procedures in place – whoever purchases the business can now effectively run it under semi-management with minimal input from the owner because semi-automation has been achieved.
Because of the ever-expanding e-commerce industry, this company has grown rapidly in recent years to become the go-to agency for achieving the coveted 1st page prized position of number #1 on Google through SEO.
The company also provides web design and hosting services.
To increase revenue, there is a lot of room to offer adwords and social media marketing.
The company has a diverse client base, which protects it from any type of unexpected downturn in any specific industry.
Customers include tradesmen, the health sector, finance/accounting, e-commerce, retail, and others.
Business revenue was impacted during the peak of Covid-19 (industry wide) – the company has since recovered the lost monthly revenue through the acquisition of new customers and has a strong pipeline heading into the next fiscal year.
Financials
Profitable company that has shown resilience even during Covid-19.
The revenue for the 2020 fiscal year was $381,500, with SDE (seller discretionary earnings) of $208,000.
Revenue for 2021 is expected to be $380,000 ($300,000 if ATO subsidies are removed).
SDE for the year is approaching $137,000, which is impressive given Covid-19.
Key Features of the Business-
- Strong client base with recurring revenue of approximately $18,000 per month
- Good customer retention rate and lifetime value
- Can be run from home or small office
- All processes and systems in place
- Massive potential for growth by adding services such as adwords and social media marketing
Steven Ung
I'm the owner of Business Brokers Sydney and have many years experience in the hospitality industry having owned cafes before becoming a business broker.
Feel free to call me for a free consultation if you are looking to sell your cafe.