Sports Complex – Under Semi Management – Boutique Gym – Franchise

For Sale

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Canberra

Business Code: MB1002

$300,000.00
+ Estimated Stock (SAV) $500
Key Features: A quality business. CBD city location with plenty of parking. Major eateries nearby.
State: ACT
Suburb: Belconnen
Location: Situated in busy main commercial CBD of Canberra.
Premises: Modern ground floor retail with an area of 180 sq. mts. An attractive space to attend and to train, with plenty of natural light
Price not disclosed

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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.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$50
Gross Profit
$9950
Rent
$1550
Wages
$2150
Telephone
$50
Insurance
$110
Electricity
$60
Misc 1
$800
Misc 2
$20
Total Expenses
$4740
Estimated Stock
(Additional)
$500
Equipment
(Included)
$40000
Net Profit
$5210
Price
$300,000.00
+ Estimated Stock (SAV) $500

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