Established gym in prime location with loads of potential

Fortis Northshore opened in 2019 looking to bring a unique fitness experience to the Glenfield and Bayview area. It has been operating as a gym the past four years and holds a loyal membership base of fantastic locals.

The lease agreement is ending on 30 June 2024. Unfortunately we are focused on too many projects, and it has been decided that the gym needs a new owner to give it the energy it needs and deserves. Closing the gym and selling the equipment (for pretty much the asking price) is an option, but we really want to see the facility continue and reach its full potential that we know it is capable of.

Key Information:
• Another thirty members a week required to become a fully managed profitable business (current owner does not work in the gym)
• Stable and loyal membership base
• Various revenue streams available to grow revenue (room rental, changing gym offering to class model)
• Great landlord that are willing to negotiate a fair lease agreement going forward
• Fully fit out gym with quality equipment (350k + fit out)
• No ongoing operational leases or liability (excluding the main building lease)
• Great existing staff in place
• All systems set up and ready to go
• Gym space is approx. 400 sqm. It has separate showers, toilets, staff office and treatment room (currently empty)
• Fantastic road profile on main road with thousands of cars passing daily

This presents a exciting opportunity for a future owner to take advantage this lucky timing to really get ahead. Yes, it is cliché, but the hard work really has already been done. It simply needs an operator who can invest their time and effort to see it succeed.

Act now to get a fully fit out gym (for a fraction of the fit-out cost), negotiate a good deal with the landlord and then just bring your flair and energy to reap the rewards.

www.fortisnorthshore.co.nz