Boutique Gymnasium – Under Semi Management – Boxing – Strength Training

For Sale

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Canberra

Business Code: MB1003

$245,000.00
+ Estimated Stock (SAV) $500
Key Features: Business is new and growing. After-hours access available. - Easy access to drop in for a quick session.
State: ACT
Suburb: Fyshwick
Location: Situated upstairs at the front entrance to the local suburban market in the ACT.
Premises: Attractive nouveau all-new first floor gymnasium and fit out with an area of 180 sq. mts.
Price not disclosed

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Family and other business interests

Sale Reason

2023

Established

On street parking, and also within the markets precinct.

Parking

Under semi management - Two full-time trainers

Employees

7 days access: 4 am to 10 pm. Monday to Friday: 6 am to 10 am. Saturday: 7 am to 10 am. Monday to Thursday: 4 pm to 7:30 pm.

Trading Hours

New 5 year lease with options available. Three months bond.

Lease

Boutique Gymnasium – Boxing – Strength Training – UBX – ( call it 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 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 (bag work, pad work) 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

Business is new and growing. After-hours access available. - Easy access to drop in for a quick session.

Potential

Business has continued to enjoy steady growth in client numbers since opening just last year. 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
$6900
Cost of Goods
$50
Gross Profit
$6850
Rent
$1300
Wages
$1900
Telephone
$50
Insurance
$85
Electricity
$60
Misc 1
$560
Total Expenses
$3955
Estimated Stock
(Additional)
$500
Equipment
(Included)
$45000
Net Profit
$2895
Price
$245,000.00
+ Estimated Stock (SAV) $500

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