Incredible gym in the perfect location. Part of a great franchise success story with 70 women only gyms across the country.

131 City Walk,Canberra ACT 2601

$995,000

BusinessSize: n/a
Block size: 1414 m² approx.

Summary:Fernwood Canberra City is a fabulous success story boasting massive numbers of loyal members ensuring stability and profit for many years to come.


Potential: This gym is highly successful, however, it is not running at full capacity. A new owner certainly has capacity to come in and drive the business
further.


Reason for Sale: The business owner not only has a large family, she also has other business ventures that prohibits her spending much time the gym. While it
has been extremely good to her over the last 10 years, it is now time to let the next owner come in and develop the space further.

About the Business: Fernwood Women's Health Clubs have been looking after women's wellness for the over 30 years. Canberra City has been a part of the revolution and success of he business model for 20 years with the current owner being part of the infrastructure for a vast majority of that time and as owner for 10 years.

Fernwood has 70 clubs across Australia and over 70,000 members with Canberra
City being a major contributor to the models success. Providing a safe, unique gym environment for women, this remarkable offering will continue to thrive for many
years to come.

The health and wellbeing industry is considered one of the safest and most secure small business industry not only across Australia, but across the world. More and
more people are seeking healthy lifestyles resulting in an exploding industry with so many alternatives. Fernwood Canberra City has carved out its niche in the
market with a women's only offering with very little direct competition.

Asking only $995,000 + Stock At Value, this business is prime value well below fitness industry standard multiples. For more information on this incredible
business, 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 viewing.

Key Details

Property Type:Business
Block Size:1414 (approx)
Stamp Duty:$0

Maps and area information

Land Details
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Block information
Block size: 1414 (approx)
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What's Nearby

Ainslie Primary School, AinsliePrimary School
1km
Campbell High School, CampbellHigh School
1.5km
Calvary Private HospitalHospital
4.9km
Canberra CentreMajor Shopping Centre
0.2km
Australian National UniversityUniversity
1.2km
Merici CollegeCollege
1.4km
City Post OfficePost Office
0.3km

Canberra Suburb Information

 
 
Average Age
24 years
Population
2,824
Canberra Profile
Canberra Occupancy

Contact agents

Summit Business Brokers

View agency details
Andrew NuttallSummit Business Brokers
Please send me information on 131 City Walk, Canberra ACT 2601
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This listing has been viewed 108 times. It was first displayed on 28/10/19 and last updated on 06/11/19.