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Franchise gym business for sale in Cape Town’s Southern Suburbs For Sale

R2,100,000

Business Description

This is a new and modern concept franchise gym business for sale, located in Cape Town’s Southern Suburbs, with a strong franchise backing and support. Most of the groundwork has been done to bring this studio to breakeven. It now needs a passionate owner/operator who can build market share.

The business fundamentals demonstrate a starting base annuity turnover of R90K of per month guaranteed. This is a Flagship studio with state of the art equipment and fittings in excellent condition and fully paid for with ample capacity to expand sales and profitability.

The owner is willing to sell outright, but will consider taking on a partner, who would also manage the studio. The reason for selling is that the present owner has a second studio, too far away to allow him to effectively drive the performance of both.

The ideal buyer of such a franchise gym business for sale should be interested in the wellness, health and fitness industry and have a strong bias toward customer care and marketing to mid-high LSM clients.

Business Details

  • Property ID: PER 109
  • Price: R2,100,000
  • Turnover: TBC
  • Actual Profit/Year: TBC
  • Turnover range: TBC
  • Profit range: TBC

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner requires assistance in operating 2 sites
  • Business history: 2 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 150sqm - 2 offices, 2 training rooms
  • Rent & lease terms: 5 years plus renewal option / R29 000 per month
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: Book value R880 000. Setup cost R1.2 million plus fitout
  • Stock included in sale:
  • Value of stock:
  • GENERAL COMPANY INFO:

  • Employees: 4 plus owner/manager
  • Trading hours: Mon - Fri: 6am - 7pm. Sat: 7am - 12pm
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Southern Suburbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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