087 820 4600

Fitness Centre in Iconic Location in Cape Town

R 1,500,000Western Cape (WC - Cape Town Region)Listing: #13477
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Western Cape (WC - Cape Town Region)



R 1,500,000

About this business for sale

Fitness Centre in Iconic Location in Cape Town##PRICE REDUCED TO SELL ####Fitness Centre in one of the most beautiful locations in Cape Town South Africa. ####Enjoy the best of both worlds, a healthy and stimulating work environment and the intoxicating beauty of this iconic location offering quality and service combined with friendly staff and family atmosphere. ####Fully equipped with the latest cardiovascular and resistance equipment, assisted by experienced and fully trained staff.####Management run and Features:####- Wide range of machines and equipment to suit the most advanced training:##- Weight training, Circuit training, Full range of Cardio machines (over 50 pieces of Equipment).##- Wide range of group classes (Spinning, Aerobics, Pilates, Yoga, Power pump, Aqua Cardio, Functional Box, Hip Hop, Latin Dance, Power Combat, Core Conditioning).####The owner is very knowledgeable and experienced in the industry, it would be an valuable advantage to take over and receive guidance from him.####Equipment value: approximately R500,000.00.##Net Profit: Approximately R50,000.00 per month.##Asking Price: R 1,500.000.00 excluding VAT (Reduced by R800,000.00)####This is not just an opportunity to acquire a long established business with a loyal membership, its also an entry into an idyllic lifestyle. ####This business has been receiving tremendous interest over the past 12 months, what is the catch? The lease is uncertain to be renewed October 2017, and there is a high probability that it might carry over to a 6 month notice roll over arrangement for an indefinite period. The are two alternative options available for location which can be explored. But the buyer would have to accept the risk or cost for possible relocation. To compensate for the risk and cost, the owner has dropped the price for a willing buyer although the Gym will continue and most likely move to a new prospective premises.####This is an ideal opportunity to take advantage of the opportunity and get a running well established Health Club with over R500,000.00 equipment and over 600 members for a steal price.####Ideal for entrepreneur or couple with good management expertise. A background in health and fitness or practicing health coach would be an advantage.####The owner will reasonable cash offers. Serious buyer only.############
LINK South Africa
[email protected]
Kindly utilize mobile number
074 460 5556

JC Smith

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Confidentiality Agreement for Business Ref 13477 , Broker Name JC Smith

Between LINK and * (Interested Party) this must be an individual's name, NOT a company name

In consideration of LINK (being any or all of - and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me, and specifically Listing ID No 13477. I/We hereby agree and undertake as follows:

  1. All "Confidential Information" provided to me by the Seller and the Agent on behalf of the Seller in respect of Listing ID No 13477 shall be treated in the strictest confidence;
  2. No information relative to the Seller or the business will be disclosed to any other persons who do not have a direct interest in the acquisition of the business without the prior consent of the Seller or that of LINK South Africa;
  3. I agree that, in the event of a breach of trust in the above, the Seller can take whatever action they deem necessary to recover any cost of damage caused by such breach.;

*By checking this box, I hereby accept the above terms and conditions of this agreement and agree to receive new business opportunity emails on businesses that match my interests as specified. If at any time I no longer require this service, I understand that I can click the unsubscribe link within the email received.