Business Code:
Family and other business interests
Sale Reason
2020
Established
Major shopping centre parking.
Parking
Under semi management - Two full time trainers
Employees
6 days - Monday to Friday: 5 am to 10 am. Monday to Thursday: 4 pm to 7:30 pm. Saturday: 7 am to 10 am.
Trading Hours
5 years lease expires 24th October 2024 + 5 year option. -Three months bond.
Lease
Sports gym – UBX – (“You Box”) – is a growing boxing concept – gym offering a non-contact full body workout in under 45 minutes, based on a unique mix of boxing and strength training. Get fit, lose weight and have fun, UBX differs from a regular metal gym, a much more ‘social human fun and successful’ way to train on a ‘arrive when you want’ timetable. Currently UBX are the only boxing gyms like this in Canberra. Convenient and flexible the UBX offer means unlimited training, coaching and support. Each UBX Gym has its own team of coaches who design and individualise workouts for members, adapting exercises and non-contact boxing (bagwork, padwork) and strength training, usually across 12 rounds of variety, to suit client skill levels and fitness. Plus there’s the UBX ‘Training-On-Demand’ app which makes the UBX training regime always on tap.
Features
A quality business. CBD city location with plenty of parking. Major eateries nearby.
Potential
Business is trading well on current trading hours, which should be increased to at least have more weekend workouts.
Comments
Misc. -1 - is Royalty payment 8% of turnover. - Founded in 2016 by world-champion boxer Danny Green and fitness entrepreneur Tim West, UBX mixes boxing and strength for all fitness levels. Showcasing a less-intimidating side to boxing, the concept offers sociable, schedule-free sessions that blend digital instruction with personalised coaching.
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