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Meridian Strength Club
Newstead, QLD · Listing NBA-1029
A 480sqm strength and conditioning facility with 340 direct-debit members and a semi-private coaching program.
Business details
- Listing ID
- NBA-1029
- Industry
- Health & Fitness
- Business type
- Leasehold
- Established
- 2019
- Staff
- 5 coaches
- Trading hours
- 24/7 member access
- Lease
- 6 years remaining
- Reason for sale
- Owner consolidating into a second venture
Financial overview
Asking price
$420,000
Revenue
$840,000 p.a.
Profit
$205,000 p.a. to owner
Stock
Equipment valued at $260,000 (included)
Figures are supplied by the seller. Buyers should complete their own due diligence.
About the business
Meridian runs on recurring revenue: 340 members on direct debit with an average tenure of 19 months and churn under 3% monthly.
Equipment is premium and near-new, with the full plate-loaded and rack inventory owned outright.
Systems, programming and staff rosters are documented and transferable from day one.
Photo gallery
Location
Newstead, QLD
The precise address is disclosed by the seller to qualified buyers following an enquiry.