TRX GYM/FITNESS STUDIO THAT PROFITS - PERTH
Phone enquiries - please quote property ID 23783
Passionate about the health and fitness industry? Be your own boss without the franchise fees with this successful and profitable established gym and fitness business. Great premises/fit out, growing member numbers and zero competition!
HANG TUFF is Looking for a new ambitious owner to enjoy the profits and take this business to the next level.
Hang Tuff, Perth’s Unique Fitness Studio which has dedicated its training style to this awesome equipment, empowered by the original TRX brand, coached by certified TRX trainers and specialised on Suspension Training Exercises.
Hang Tuff’s story thus far is that it has done no marketing at all outside of simple lead-generation from Facebook and Instagram. Over 85% of new clients come from these sources and the rest from referrals. Hang Tuff has
TRX GYM/FITNESS STUDIO THAT PROFITS - PERTH
Phone enquiries - please quote property ID 23783
Passionate about the health and fitness industry? Be your own boss without the franchise fees with this successful and profitable established gym and fitness business. Great premises/fit out, growing member numbers and zero competition!
HANG TUFF is Looking for a new ambitious owner to enjoy the profits and take this business to the next level.
Hang Tuff, Perth’s Unique Fitness Studio which has dedicated its training style to this awesome equipment, empowered by the original TRX brand, coached by certified TRX trainers and specialised on Suspension Training Exercises.
Hang Tuff’s story thus far is that it has done no marketing at all outside of simple lead-generation from Facebook and Instagram. Over 85% of new clients come from these sources and the rest from referrals. Hang Tuff has several automated systems in place that short circuit problems, build customer trust and grow reputation as the leading suspension training studio in Perth.
* Excellent member retention rate averaging 80%.
* Company is primed for expansion.
* On-line member site for members.
* Two separate training areas custom design TRX studio and a free weight gym with an additional floor space above of 80m2 plus.
* Multiple Class types plus one-on-one Personal Training.
* Excellent trainers and staff in place.
* Fully managed with the option to work in the business.
* The Annual turnover is currently $230,000 and growing.
* Current Net profits exceeding $90,000 per annum and has growth to potentially exceed $150,000.
The hardest part of the fitness industry is making your business work for you. Here at Hang Tuff, the brand, the workouts, the results, the environment and the community as well as it’s world- class coaches create the experience and the product.
The hard work (and risk) in a service-based business, such as Hang Tuff is largely in the early years. Researching markets, developing programs, creating automation and systems, website-development, ads and market-testing, facility fit-out, training staff, creating a team, marketing your brand, establishing a footprint in the industry, getting reviews and followers all takes time, patience and experience. In Hang Tuff’s case, this work is already done and done well.
Existing premises are leased at a great rate with an extension of Three years in place. Advertised price includes the cost of equipment (valued at time of sale around $30,000).
FURTHER POTENTIAL
1. Maintain the current structure and enjoy net profits
2. Expand within one Facility and develop new products or classes and leverage brand loyalty.
3. Expand beyond one facility – Research has already been done for Osborne Park, Perth CBD and south of the river.
This very exciting business is seeking its new owner to take it to the next level. Everything is in place for you to continue and grow. Being sold at a modest price considering the net profits.
In the current owners opinion, Hang Tuff has reached an infection point, where it can grow rapidly under the stewardship of a more ambitious owner.
Since it’s inception, the owner and founder has invested almost all of the company profit back into expansion, taking the business from an owner operator - working 50-80 hours per week - to an owner director, with a manager roll working only 10-15 hours per week, making a decent profit with huge room to grow on. After a tough decision the owner has committed to invest in a new venture over in the eastern states, this includes relocating his family and feels that spreading his focus will not allow either venture to grow further. He believes, that the future is great for Hang Tuff and is looking forward to seeing the business flourish further with a new captain. He is also wiling to work alongside the new owner to ensure they get the best start, and is also open to invest in a share of the company for the long term support.
Enquire today.
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