Profitable Fernwood Fitness Franchise Melbourne Western Suburbs
Profitable Fernwood Fitness Franchise Melbourne Western Suburbs
Industry :
RetailSub Industry :
Health/BeautyKey Highlights:
* Weekly takings around 25,000
* Rent and water approx. 14,000 per month
* Utilities approx. 3,000 per month
* EFTPOS fees approx. 3,000 per month
* Insurance approx. 750 per month
* Software fees vary
* Royalties 7 percent + 5 percent for marketing
* Lease term 8 years with further option
* Part-time owner operator
* Staff and wage breakdown available upon request
Financial Summary:
* Strong recurring revenue from memberships
* Stable weekly takings around 25,000
* Expenses include rent, utilities, wages, royalties and insurance
* Full financials available after NDA
* Profitability supported by strong member base and long lease security
Special Features:
* Established franchise in high demand suburban location
* Recurring membership subscription model
* Strong brand recognition and national marketing
* Large, modern facility with ongoing upgrades
* Ideal operating structure for both owner operators and investors
Ideal Buyer:
* Owner operator seeking a stable, recurring revenue business
* Investor looking for a proven franchise model
* Health and fitness sector buyers wanting ongoing support and brand strength
Next Steps:
Full information memorandum and financial details available upon request.
🚀 Figures provided by vendor. Buyers should complete their own due diligence.
Enquire now at teamvaibhav@greenfieldsre.com.au with Subject: 'Fernwood Fitness Franchise' for full details
Important Information Vaibhav Grover, Business Advisor and Broker, Agent's Representative acting for Greenfields Real Estate, Lic No. 091937L. All financial information is provided by the vendor. Buyers must complete their own due diligence. Agents accept no liability for accuracy of figures or any outcomes arising from the information supplied. Pictures are for Reference Purpose Only
Queensland
Australia
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$550,000
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Buying Advice :
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.
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!
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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