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Owner selling due to family reasons.
Sale Reason
07.2021
Established
Shopping centre parking - 5 car spaces allocated to the lease
Parking
1 owner works 5 shifts + 6 instructors.
Employees
7 days - Monday to Friday: 5.30 am to 7.15 pm. Saturday and Sunday: 9 am to 5 pm.
Trading Hours
The lease expires 04.07.July 2027 - CPI increases - bank guarantee $30,000.00
Lease
Fitness centre offering indoor cycling rides designed for all fitness levels. The ride has something for everyone building stamina and endurance. This cycle fitness centre boasts the latest technology which measures the six key metrics of your daily and historical performance.A popular indoor cycling studio that offers high-energy workouts in a motivating and immersive environment. Participants ride stationary bikes to the rhythm of music, guided by instructors who lead the class through various intervals, climbs, and sprints. It’s a great way to get an intense cardiovascular workout while also engaging the whole body. Current membership 120 people .
Features
Well maintained cycling equipment.
Potential
Great opportunity for a buyer looking to expand the current membership base.
Comments
As this centre has only been open for 2 years it is selling for below equipment and fitout costs only. Note: purchaser is required to take over the remaining finance of the bicycles.
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