Not so much a gym as a health and wellness centre offering holistic solutions to the fitness and well-being of body and mind. Here you'll find Yoga, Movement Classes, Personal Training, Strength and Conditioning, Massage, Occupational Health Therapy, Physio, Chiropractic and the recently launched Kid's Program under the one roof.
It is located in the suburban heart of Newcastle offering one of the most ideal catchment areas in the region. The business boasts a long lease and the fit-out is top quality with no expense spared to ensure customer satisfaction and loyalty.
The owners can and have been away from the business for extended periods of time, so creating an arm's length (managed) business would be a natural and relatively easy progression. This is in no small part due to the excellent team of employees and trainers who offer quality service and coaching at all times.
Finally, I suppose you're wondering if it makes money? Direct Debit membership is around $6,000 per week, plus Corporate and Casual Membership. It also enjoys a rent positive cash flow which means you make money before you get out of bed.
Full report including financial analysis available.