COVID-19: Updated guidelines for your safety
New price
Priced for immediate sale, once restrictions are lifted, the price will go up.

1 Akuna Street, Canberra ACT 2601

$250,000

BusinessSize: n/a

Summary
Crazy opportunity to pick up near new equipment for a fraction of its value. 490sqm with high-end equipment. for a steal, it doesn't get better than that.

Location Details
Akuna Street

Potential
This gym is a blank canvas ready to explode after coronavirus restrictions are lifted. People are dying to get back to the gym and this is the perfect opportunity to target everyone in the region, not just people living in the region, but also the massive influx of daily workers.

Reason for Sale
A major car crash has put the owner out of action for 6 months. She simply can't start up the business herself which gives you the most ridiculous opportunity to follow your own dreams for a fraction of the normal cost.

About the Business
Ex Fitness is located on Akuna Street in the City and is surrounded by immense possibilities from government departments, apartments, offices, retails shops to the incredible number of tradies working new construction in the area, the potential is enormous.

Loaded with high-end equipment, the owner has invested over $500,000 to get this venture off the ground but unfortunately, after a major car crash, she just does not have the capacity to enjoy the massive bounce on the back of coronavirus restrictions being lifted in July. This provides a remarkable opportunity to pick up a brand new gym without the standard price tag associated with a new gym.

Prior to the gym shutting down due to coronavirus, the average member spend was $37.16 per week. With no competition down this end of Civic, ONLY 100 members at this rate would bring in revenue of almost $200,000. What would 50% the capacity be worth?

What will it cost you to get your foot in the door to this remarkable opportunity? Only $250,000 will secure your new start. For more information, call Andrew from Summit Business Brokers today on 0418 676 400.

Chase your dreams, take control and live the life you want to live.  

Inspections

No open times scheduled
Contact agent to arrange a private inspection.

Key Details

Property Type:Business
Stamp Duty:$0
 

Maps and area information

Land Details
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What's Nearby

Ainslie Primary School, AinsliePrimary School
1.1km
Campbell High School, CampbellHigh School
1.4km
Calvary Private HospitalHospital
5.3km
Canberra CentreMajor Shopping Centre
0.2km
Australian National UniversityUniversity
1.4km
Merici CollegeCollege
1.7km
City Post OfficePost Office
0.6km

Canberra Suburb Information

 
Average Age
24 years
Population
4,276
Canberra's Property Profile
Canberra's Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on 1 Akuna Street, Canberra ACT 2601
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Listing ID: 177983476. This listing has been viewed 88 times. It was first displayed on 20/02/20 and last updated on 23/05/20.