Contours Victorian Studio Of The Year For Sale

Business description

Wallan is Victoria's fastest-growing non-metropolitan town, situated 44 kms north of the Melbourne CBD. The Wallan territory is a rapidly growing territory taking in the newly established estates of 'Mandalay' @ Beveridge', 'Wallara Waters' @ Wallan East & 'SpringRidge' @ Wallan North. Wallan has a current population (2006), 7,010 people. It is expected to experience an increase of over 4,800 people to 11,909 by 2021, at an average annual growth rate of 3.60% per annum over 15 years. Wallan is served by the Hume Freeway and an excellent commuter train service.
Contours Wallan has a strong, loyal member base (380+), with 80% monthly direct debit run. Average monthly stock sales $5000.00. Contours Wallan is currently the Victorian Studio of the Year and Contours Retail Sales Champion. The studio is serviced by a highly educated motivated team of passionate trainers (4) lead by a fully qualified Studio supervisor.
Competition is limited to one gym and one Group Personal Trainer in Wallan. A Shire run Leisure Centre in Kilmore & Personal Training studio in Wandong. Contours Wallan is the only ‘Female only’ women’s’ fitness facility in the Mitchell Shire.

Property information

Real Estate:

Lease

Lease terms:

6 mths remaining + 1x 3 year option

Leasehold rent:

$30,144.00 per annum

Location:

Prime street location.

Premises details:

Ground floor shop. Middle shop in strip of 5 shops.

Business Operation

Competition / Market:

Contours is the ONLY female only facility in Wallan.

Reasons for selling:

Lifestyle change

Trading hours:

Mon - Thurs 6am - 8pm
Fri - 6am - 7pm
Sat - 7am - 12pm

Employees:

5

Years established:

Studio establised Nov 2007

Other information

Support & training:

Full Franchisor support

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$5,000

Relocatable:

This business can be relocated.