Between

Prospective Purchaser*

Of Address*

Suburb*

Postcode*

Email Address*

Phone Number*

&

Absolute Business Brokers
Phone No: 03 9566 7300
Address: Unit 7/18-22 Lexia Place Mulgrave VIC 3170

Businesses Of Interest*

Terms & Conditions

WHEREBY IT IS AGREED

The Recipient promises to keep all confidential information of the Vendor, disclosed to the Recipient by the Vendor, associates or employees of the Vendor, Absolute Business Brokers Pty Ltd (ABN 21 154 206 407) (Absolute) or its employees (the Discloser), strictly confidential and acknowledges the potential damage to the Vendor and it's business and/or any Discloser of a breach of confidentiality

The Recipient further undertakes to, and agrees with, the Vendor, Absolute and any other Discloser:

not to communicate directly or indirectly any information regarding the Recipient's interest in the Business with anyone (including any employees, customers or suppliers of the Business);
to use the confidential information solely for the purpose of evaluating the opportunity to purchase the Business from the Vendor and for no other purpose;
not to disclose the confidential information other than to professional advisors, directors of employees of the Recipient who have agreed to be bound by this Confidentiality Agreement (by signing a document substantially in this form) and who similarly undertake to maintain the strict security and confidentiality of the confidential information; and
to return all confidential information and related notes and copies upon request by the Vendor or Absolute to the Discloser.

The Recipient makes this undertaking in favour of the Vendor and Absolute, and further acknowledges that in the event of the Recipient purchasing the said business, whether as an individual, company, trust or a partnership privately, through another agent or any other source, the Recipient agrees to compensate Absolute for any damages and loss of commission which would have otherwise been paid to Absolute upon settlement of the purchase of the Business.

The Recipient acknowledges and agrees that Absolute or its representatives will not be held responsible for any inaccuracies or incomplete information regarding the lease details, weekly average takings, trial takings, purchases, rental expenses, employees, wages and any other information relating to the business.

Such information is subject to the Recipient receiving a statement by the Vendor of a small business and a copy of the lease document The Recipient acknowledges and agrees that acceptance of the confidential information or signing this document constitutes acceptance of this disclaimer Notices under this document must be in writing and may be sent by post, delivery or facsimile to the address noted above.

This document is governed by and construed in accordance with the Laws of Victoria, Australia, and the parties submit to the jurisdiction of the courts of Victoria, Australia and courts competent to hear appeals therefrom.

I Agree to the terms & conditions of use.

What is ?

For Sale Expressions of Interest

Well Equipped Personal Training and Gym Business for Sale

This is a perfect opportunity for a fitness enthusiast! This gym/personal training facility has a great location in Mornington and attracts large membership from the Mornington Peninsula.

Established 10 years, this business offers a range of fitness solutions including 1 on 1, semi-private and small group personal training, fitness assessments, nutrition advice and more.

It boasts a large spacious open floor equipped with a variety of exercise machines, weights, and functional training equipment and rubber flooring. A large roller door to the facility provides cool air and ample ventilation. The layout provides ample space for members to perform their workouts comfortably.

The premises has a front room, which is currently used as a beauty therapy room, it can be subleased to a practicing physiotherapist or chiropractor.

This gym offers 24 hour access to its facilities, providing members with the flexibility to work out at their preferred times, including late nights and early mornings.

High profit margins, opportunity for owner operator to be on a 6 figure salary and cheap rent of $1,901 per month. Current lease runs until mid 2024, a further 2 years plus more terms can be added to the lease.

Current owner works full-time in the gym with a few other personal trainers on a commission arrangement.

This gym with 5 star Google reviews has built a strong reputation in the local community for its quality services, knowledgeable and friendly staff and warm welcoming atmosphere.

This gym is fully fitted out and ready for the new owner(s) to either simply take it over and run. Ideal for a qualified personal trainer to take over and continue its growth.

For more information and to organise an inspection contact Elle Likopoulos on 03 9566 7300.

Ref: B14557

Agents

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