086 1222 021

info@scsgroup.co.za

Price Range: From To

Long Established Gym For Sale

R1,250,000

Business Description

Once owned by a titan in the health industry, this gym is poised to be
rejuvenated under new ownership. With the drought seemingly behind us the
finances are improving, however the owner is too focussed on her other
businesses to devote time to the gym.

Business Details

  • Property ID: GRS054
  • Price: R1,250,000
  • Turnover: R1.5mil
  • Actual Profit/Year: R260k
  • Turnover range: R1mil-r2mil
  • Profit range: R150k-R350k

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner lacks time to oversee this gym
  • Business history: 70 years, 6 with current owner
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: 880sq.m
  • Rent & lease terms: R55 000 per month / 2 years left, 7.5% escalation
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R 750 000
  • Stock included in sale: No
  • Value of stock: TBC
  • GENERAL COMPANY INFO:

  • Employees:
  • Trading hours: 6am to 9pm Mon - Thurs, 6am to 8pm Fri, 8am to 2pm Sat, 10am to 2pm Sun
  • Support & training: Full Support and Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Southern Suburbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Glenn Sullivan
    0825708000
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