Personal Training Studio – For Sale – Eastern Suburbs

Location Details :

Country

Australia

State

New South Wales

City

Bronte

Industry :

Beauty/Health

Sub Industry :

Recreation/Sport

About The Business

Personal Training Studio – For Sale – Eastern Suburbs

Well established and under management – NDIS registered

Revenue $5,000 per week

Profit $100,000 Net benefit to 1 owner working full time including add backs

Price $149,000 - negotiable

Rent $74,263 + GST

This business is of great caliber and excellent potential. Currently there are around 60 active and regular members!

You'll find that this business is a well-established vibrant personal fitness studio that has built up a strong and enviable reputation in the area for quality, personal/caring service designed to achieve positive outcomes.

It is situated in the beautiful Eastern Suburbs of Sydney, with 6 years of successful trading history in the same lovely and relaxed location, with the latest fitness and health philosophy to achieve personal outcomes for each individual client.

This business is located in a great location with plenty of parking and close access to bus services.

Currently, this business has a full time manager in place and it would be envisioned that a new owner would work full time in the business to generate $100k including their wage.

Also, an owner operator would be more likely to take advantage of more growth opportunities by working in the business and building a relationship with clients and personal trainers.

The fitness centre has:

Fully equipped cardio and weights equipment

Flexible memberships, excellent retention and loyal customer base

Staffed by qualified trainers and studio manager

NDIS registered

Loyal client base with a full history.

For more information call Rad Benicky on 0411 610 005 or in business hours 02 9413 2977

Core Business Brokers undertakes the listing, sale, merger and acquisitions of businesses situated in NSW. We do not specialise in any particular industry and indeed have a long history in the sales of many businesses across a very diverse spectrum of industries. We have also been able to assist businesses in identifying acquisition targets and then discreetly approaching those targets in order to achieve a win-win outcome for all parties. Core has a team of 4 brokers who work together in achieving the objectives of our clients.

The Core Charter

To negotiate the best possible result in every transaction for every client.
To market every business listed with us with optimum efficiency and speed.
To project every client's business and name professionally and with appropriate confidentiality in the market place, and
To maintain effective communication with every client throughout the marketing period.
To make the name of CORE BUSINESS BROKERS synonymous with integrity and fair dealing.

Core Security

It is important for clients who list their businesses for sale with us to note that the information that the principals and staff of CORE BUSINESS BROKERS supply to prospective purchasers is that which we have obtained in good faith from them as the vendors. We seek their cooperation in ensuring that all information given to us is accurate and capable of confirmation.

At the same time, intending Buyers of businesses listed with us should be aware that while we do all we can to verify information supplied to us by vendors we cannot warrant its accuracy. All interested parties are urged, therefore, to undertake full due diligence investigation before making any commitment to purchase.

As information given to us by vendors frequently includes matter that is of a sensitive nature anyone who expresses interest in a listed business will be required to sign a confidentiality agreement before specific data will be released to them.

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$149,000

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Buying Advice :

Thinking of buying this business

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.

These include:

Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!

From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.

About the Eden Ecosytem

The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!

What happens next?

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.

Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.

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